2019 ALL to MKD Historical Review

YEARLY HIGH

0.5107 MKD

YEARLY LOW

0.4886 MKD

YEARLY AVERAGE

0.5002 MKD

2019 ALL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ALL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.5107. Conversely, the yearly low was recorded on January 12, dropping to 0.4886.

This high-to-low spread represents a total annual volatility of 0.0220 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4954 to the December average rate of 0.5028, the exchange rate registered a net change of 1.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5107 was up 1.62% compared to the 2018 peak of 0.5025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,553 MKD

2018 Average 2,414 MKD

Yearly Trough Low 2,443 MKD

Transaction Impact: A difference of 110.17 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5087

0.4906

JanuMarcMayJulySeptNove

ALL 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 0.4972, compared to 0.5031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.4972

H2 Avg (Jul–Dec) 0.5031

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0136 MKD (High: 0.5022 / Low: 0.4886). On the other end, November was the most stable month, with a tight range of 0.0043 MKD (High: 0.5031 / Low: 0.4988).

January Spread (Volatile) ±0.0136

November Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0061 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.5072) against the same month in 2018 (average: 0.4901), the exchange rate shifted by +0.0171 (+3.50%).

2019 Avg (August) 0.5072

2018 Avg (August) 0.4901

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5022	0.4886	0.4954
February	0.4979	0.4905	0.4949
March	0.4951	0.4898	0.4921
April	0.5000	0.4911	0.4954
May	0.5060	0.4978	0.5008
June	0.5080	0.5005	0.5044
July	0.5063	0.4991	0.5028
August	0.5107	0.5015	0.5072
September	0.5083	0.5021	0.5057
October	0.5036	0.4958	0.4996
November	0.5031	0.4988	0.5008
December	0.5058	0.4996	0.5028