2023 XPF to MKD Historical Review

YEARLY HIGH

0.5251 MKD

YEARLY LOW

0.5105 MKD

YEARLY AVERAGE

0.5163 MKD

2023 XPF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.5251. Conversely, the yearly low was recorded on February 3, dropping to 0.5105.

This high-to-low spread represents a total annual volatility of 0.0146 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5169 to the December average rate of 0.5161, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5251 was down 0.67% compared to the 2022 peak of 0.5286, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,625 MKD

2022 Average 2,581 MKD

Yearly Trough Low 2,552 MKD

Transaction Impact: A difference of 73.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5170

0.5156

JanuMarcMayJulySeptNove

XPF 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 0.5167, compared to 0.5160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.5167

H2 Avg (Jul–Dec) 0.5160

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0136 MKD (High: 0.5250 / Low: 0.5114). On the other end, October was the most stable month, with a tight range of 0.0032 MKD (High: 0.5169 / Low: 0.5138).

July Spread (Volatile) ±0.0136

October Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.5169) against the same month in 2022 (average: 0.5164), the exchange rate shifted by +0.0005 (+0.09%).

2023 Avg (January) 0.5169

2022 Avg (January) 0.5164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5251	0.5122	0.5169
February	0.5220	0.5105	0.5159
March	0.5211	0.5110	0.5167
April	0.5222	0.5107	0.5169
May	0.5250	0.5123	0.5167
June	0.5215	0.5148	0.5167
July	0.5250	0.5114	0.5161
August	0.5199	0.5144	0.5160
September	0.5182	0.5149	0.5158
October	0.5169	0.5138	0.5157
November	0.5203	0.5136	0.5164
December	0.5205	0.5139	0.5161