2017 MKD to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MKD to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MKD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 10.7706. Conversely, the yearly low was recorded on June 29, dropping to 10.5085.
This high-to-low spread represents a total annual volatility of 0.2621 XOF. From a start-to-finish perspective, comparing the January average rate of 10.6928 to the December average rate of 10.6553, the exchange rate registered a net change of -0.35% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 10.7706 was down 0.27% compared to the 2016 peak of 10.8002, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MKD to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.6695, compared to 10.6519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0176 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was June, with a trading range of 0.1857 XOF (High: 10.6941 / Low: 10.5085). On the other end, September was the most stable month, with a tight range of 0.0362 XOF (High: 10.6688 / Low: 10.6326).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0290 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 10.6745) against the same month in 2016 (average: 10.7273), the exchange rate shifted by -0.0527 (-0.49%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.7468 | 10.6197 | 10.6928 |
| February | 10.7706 | 10.6320 | 10.6745 |
| March | 10.7112 | 10.6222 | 10.6688 |
| April | 10.7209 | 10.5550 | 10.6571 |
| May | 10.7081 | 10.6273 | 10.6668 |
| June | 10.6941 | 10.5085 | 10.6568 |
| July | 10.7080 | 10.5725 | 10.6628 |
| August | 10.6700 | 10.5652 | 10.6338 |
| September | 10.6688 | 10.6326 | 10.6532 |
| October | 10.6787 | 10.6183 | 10.6535 |
| November | 10.6955 | 10.6351 | 10.6525 |
| December | 10.6857 | 10.6403 | 10.6553 |