2021 MAD to MKD Historical Review

YEARLY HIGH

5.9433 MKD

YEARLY LOW

5.6507 MKD

YEARLY AVERAGE

5.7939 MKD

2021 MAD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 5.9433. Conversely, the yearly low was recorded on January 3, dropping to 5.6507.

This high-to-low spread represents a total annual volatility of 0.2926 MKD. From a start-to-finish perspective, comparing the January average rate of 5.6862 to the December average rate of 5.8877, the exchange rate registered a net change of 3.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.9433 was up 1.39% compared to the 2020 peak of 5.8621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 29,717 MKD

2020 Average 28,466 MKD

Yearly Trough Low 28,253 MKD

Transaction Impact: A difference of 1,463.11 MKD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

5.9179

5.6651

JanuMarcMayJulySeptNove

MAD 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 5.7309, compared to 5.8569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1260 points.

H1 Avg (Jan–Jun) 5.7309

H2 Avg (Jul–Dec) 5.8569

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1170 MKD (High: 5.8052 / Low: 5.6882). On the other end, July was the most stable month, with a tight range of 0.0446 MKD (High: 5.8438 / Low: 5.7992).

April Spread (Volatile) ±0.1170

July Spread (Stable) ±0.0446

Growth Streaks & Declines

Trends

Between January and April, 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 0.0250 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 5.8968) against the same month in 2020 (average: 5.6997), the exchange rate shifted by +0.1972 (+3.46%).

2021 Avg (November) 5.8968

2020 Avg (November) 5.6997

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	5.7556	5.6507	5.6862
February	5.7285	5.6576	5.6982
March	5.7971	5.7071	5.7520
April	5.8052	5.6882	5.7530
May	5.7629	5.6769	5.7281
June	5.8205	5.7069	5.7680
July	5.8438	5.7992	5.8254
August	5.8594	5.8116	5.8376
September	5.8690	5.8080	5.8299
October	5.8878	5.8255	5.8642
November	5.9433	5.8463	5.8968
December	5.9296	5.8314	5.8877

2021 MAD থেকে MKD-এর ঐতিহাসিক পর্যালোচনা