YEARLY HIGH
0.0954 MKD
YEARLY LOW
0.0932 MKD
YEARLY AVERAGE
0.0939 MKD

2017 XAF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the XAF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 0.0954. Conversely, the yearly low was recorded on May 8, dropping to 0.0932.

This high-to-low spread represents a total annual volatility of 0.0022 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0937 to the December average rate of 0.0938, the exchange rate registered a net change of 0.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0954 was down 0.45% compared to the 2016 peak of 0.0959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 477 MKD
2016 Average 469 MKD
Yearly Trough Low 466 MKD
Transaction Impact: A difference of 10.93 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0941
0.0936
JanuMarcMayJulySeptNove

XAF 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 0.0938, compared to 0.0939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0938
H2 Avg (Jul–Dec) 0.0939

Volatility Range Comparison

Volatility

The most volatile month in 2017 was June, with a trading range of 0.0018 MKD (High: 0.0954 / Low: 0.0936). On the other end, September was the most stable month, with a tight range of 0.0003 MKD (High: 0.0941 / Low: 0.0937).

June Spread (Volatile) ±0.0018
September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 0.0939) against the same month in 2016 (average: 0.0936), the exchange rate shifted by +0.0003 (+0.32%).

2017 Avg (June) 0.0939
2016 Avg (June) 0.0936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0940 0.0933 0.0937
February 0.0941 0.0935 0.0938
March 0.0946 0.0935 0.0939
April 0.0949 0.0936 0.0939
May 0.0942 0.0932 0.0938
June 0.0954 0.0936 0.0939
July 0.0946 0.0936 0.0939
August 0.0947 0.0937 0.0940
September 0.0941 0.0937 0.0939
October 0.0942 0.0936 0.0939
November 0.0940 0.0935 0.0939
December 0.0940 0.0936 0.0938