YEARLY HIGH
0.0508 MKD
YEARLY LOW
0.0316 MKD
YEARLY AVERAGE
0.0380 MKD

2017 CDF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the CDF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0508. Conversely, the yearly low was recorded on August 3, dropping to 0.0316.

This high-to-low spread represents a total annual volatility of 0.0192 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0477 to the December average rate of 0.0329, the exchange rate registered a net change of -30.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0508 was down 19.30% compared to the 2016 peak of 0.0629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 254 MKD
2016 Average 288 MKD
Yearly Trough Low 158 MKD
Transaction Impact: A difference of 96.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0492
0.0313
JanuMarcMayJulySeptNove

CDF 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 0.0426, compared to 0.0333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.0426
H2 Avg (Jul–Dec) 0.0333

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0053 MKD (High: 0.0508 / Low: 0.0455). On the other end, September was the most stable month, with a tight range of 0.0007 MKD (High: 0.0336 / Low: 0.0328).

January Spread (Volatile) ±0.0053
September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between 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 June and July, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0477) against the same month in 2016 (average: 0.0611), the exchange rate shifted by -0.0134 (-21.96%).

2017 Avg (January) 0.0477
2016 Avg (January) 0.0611

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0508 0.0455 0.0477
February 0.0464 0.0444 0.0455
March 0.0447 0.0421 0.0434
April 0.0428 0.0402 0.0418
May 0.0403 0.0383 0.0394
June 0.0384 0.0363 0.0378
July 0.0363 0.0322 0.0344
August 0.0337 0.0316 0.0328
September 0.0336 0.0328 0.0331
October 0.0339 0.0330 0.0334
November 0.0340 0.0328 0.0334
December 0.0334 0.0321 0.0329