YEARLY HIGH
0.0710 MKD
YEARLY LOW
0.0598 MKD
YEARLY AVERAGE
0.0652 MKD

2017 RWF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RWF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0710. Conversely, the yearly low was recorded on December 30, dropping to 0.0598.

This high-to-low spread represents a total annual volatility of 0.0112 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0698 to the December average rate of 0.0606, the exchange rate registered a net change of -13.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0710 was down 7.14% compared to the 2016 peak of 0.0765, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RWF based on timing:

Yearly Peak High 355 MKD
2016 Average 357 MKD
Yearly Trough Low 299 MKD
Transaction Impact: A difference of 56.21 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0707
0.0597
JanuMarcMayJulySeptNove

RWF to MKD Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0681, compared to 0.0622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.0681
H2 Avg (Jul–Dec) 0.0622

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0034 MKD (High: 0.0683 / Low: 0.0650). On the other end, December was the most stable month, with a tight range of 0.0017 MKD (High: 0.0615 / Low: 0.0598).

May Spread (Volatile) ±0.0034
December Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0023 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.0693) against the same month in 2016 (average: 0.0736), the exchange rate shifted by -0.0042 (-5.72%).

2017 Avg (February) 0.0693
2016 Avg (February) 0.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0709 0.0684 0.0698
February 0.0710 0.0680 0.0693
March 0.0708 0.0677 0.0692
April 0.0704 0.0673 0.0688
May 0.0683 0.0650 0.0665
June 0.0663 0.0639 0.0653
July 0.0655 0.0627 0.0641
August 0.0638 0.0615 0.0628
September 0.0627 0.0609 0.0619
October 0.0631 0.0610 0.0623
November 0.0632 0.0602 0.0615
December 0.0615 0.0598 0.0606