YEARLY HIGH
0.3946 MKD
YEARLY LOW
0.3772 MKD
YEARLY AVERAGE
0.3859 MKD

2021 DZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.3946. Conversely, the yearly low was recorded on May 25, dropping to 0.3772.

This high-to-low spread represents a total annual volatility of 0.0174 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3819 to the December average rate of 0.3920, the exchange rate registered a net change of 2.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3946 was down 16.41% compared to the 2020 peak of 0.4721, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,973 MKD
2020 Average 2,136 MKD
Yearly Trough Low 1,886 MKD
Transaction Impact: A difference of 86.79 MKD purely based on transaction execution date.

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0.3932
0.3793
JanuMarcMayJulySeptNove

DZD 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 0.3840, compared to 0.3877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.3840
H2 Avg (Jul–Dec) 0.3877

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0134 MKD (High: 0.3933 / Low: 0.3799). On the other end, December was the most stable month, with a tight range of 0.0035 MKD (High: 0.3944 / Low: 0.3909).

April Spread (Volatile) Âą0.0134
December Spread (Stable) Âą0.0035

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0075 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.3900) against the same month in 2020 (average: 0.4043), the exchange rate shifted by -0.0143 (-3.55%).

2021 Avg (November) 0.3900
2020 Avg (November) 0.4043

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Month High Low Average
January 0.3842 0.3779 0.3819
February 0.3865 0.3804 0.3834
March 0.3927 0.3827 0.3883
April 0.3933 0.3799 0.3879
May 0.3845 0.3772 0.3804
June 0.3864 0.3782 0.3821
July 0.3890 0.3837 0.3869
August 0.3897 0.3837 0.3871
September 0.3889 0.3815 0.3836
October 0.3887 0.3842 0.3868
November 0.3946 0.3855 0.3900
December 0.3944 0.3909 0.3920