2021 ALL to MKD Historical Review

YEARLY HIGH

0.5128 MKD

YEARLY LOW

0.4951 MKD

YEARLY AVERAGE

0.5030 MKD

2021 ALL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ALL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.5128. Conversely, the yearly low was recorded on February 27, dropping to 0.4951.

This high-to-low spread represents a total annual volatility of 0.0178 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4989 to the December average rate of 0.5098, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5128 was down 17.04% compared to the 2020 peak of 0.6182, 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 2,564 MKD

2020 Average 2,490 MKD

Yearly Trough Low 2,475 MKD

Transaction Impact: A difference of 88.80 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5109

0.4973

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 0.4998, compared to 0.5062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.4998

H2 Avg (Jul–Dec) 0.5062

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0126 MKD (High: 0.5105 / Low: 0.4979). On the other end, July was the most stable month, with a tight range of 0.0038 MKD (High: 0.5060 / Low: 0.5023).

November Spread (Volatile) ±0.0126

July Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0014 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5098) against the same month in 2020 (average: 0.4989), the exchange rate shifted by +0.0109 (+2.19%).

2021 Avg (December) 0.5098

2020 Avg (December) 0.4989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5047	0.4965	0.4989
February	0.5005	0.4951	0.4985
March	0.5017	0.4961	0.4998
April	0.5015	0.4971	0.5000
May	0.5037	0.4956	0.5003
June	0.5039	0.4991	0.5014
July	0.5060	0.5023	0.5035
August	0.5087	0.5046	0.5068
September	0.5092	0.5039	0.5063
October	0.5083	0.4997	0.5062
November	0.5105	0.4979	0.5048
December	0.5128	0.5061	0.5098