2021 GHS to MKD Historical Review

YEARLY HIGH

9.1092 MKD

YEARLY LOW

8.5236 MKD

YEARLY AVERAGE

8.7960 MKD

2021 GHS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 9.1092. Conversely, the yearly low was recorded on January 6, dropping to 8.5236.

This high-to-low spread represents a total annual volatility of 0.5856 MKD. From a start-to-finish perspective, comparing the January average rate of 8.6515 to the December average rate of 8.8710, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.1092 was down 15.08% compared to the 2020 peak of 10.7263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,546 MKD

2020 Average 47,187 MKD

Yearly Trough Low 42,618 MKD

Transaction Impact: A difference of 2,928.04 MKD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

9.0569

8.6147

JanuMarcMayJulySeptNove

GHS 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 8.8281, compared to 8.7639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0643 points.

H1 Avg (Jan–Jun) 8.8281

H2 Avg (Jul–Dec) 8.7639

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3109 MKD (High: 9.0903 / Low: 8.7794). On the other end, February was the most stable month, with a tight range of 0.1109 MKD (High: 8.8599 / Low: 8.7489).

April Spread (Volatile) ±0.3109

February Spread (Stable) ±0.1109

Growth Streaks & Declines

Trends

Between September and December, 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 0.1324 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 9.0200) against the same month in 2020 (average: 9.9882), the exchange rate shifted by -0.9682 (-9.69%).

2021 Avg (March) 9.0200

2020 Avg (March) 9.9882

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	8.7495	8.5236	8.6515
February	8.8599	8.7489	8.7954
March	9.1092	8.8784	9.0200
April	9.0903	8.7794	8.9174
May	8.8845	8.6852	8.7850
June	8.9175	8.6832	8.7994
July	8.8738	8.6519	8.7773
August	8.8231	8.6262	8.6996
September	8.7937	8.5532	8.6662
October	8.8163	8.6523	8.7469
November	8.9689	8.6941	8.8222
December	8.9660	8.8045	8.8710

2021 GHS থেকে MKD-এর ঐতিহাসিক পর্যালোচনা