YEARLY HIGH
0.3523 MDL
YEARLY LOW
0.3218 MDL
YEARLY AVERAGE
0.3388 MDL

2021 MKD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 20, valuing the pair at 0.3523. Conversely, the yearly low was recorded on December 7, dropping to 0.3218.

This high-to-low spread represents a total annual volatility of 0.0305 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3406 to the December average rate of 0.3254, the exchange rate registered a net change of -4.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3523 was up 2.83% compared to the 2020 peak of 0.3426, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,761 MDL
2020 Average 1,596 MDL
Yearly Trough Low 1,609 MDL
Transaction Impact: A difference of 152.53 MDL purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2021 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

0.3512
0.3231
JanuMarcMayJulySeptNove

MKD to MDL 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 0.3446, compared to 0.3331 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 0.3446
H2 Avg (Jul–Dec) 0.3331

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0127 MDL (High: 0.3456 / Low: 0.3329). On the other end, July was the most stable month, with a tight range of 0.0048 MDL (High: 0.3478 / Low: 0.3431).

August Spread (Volatile) Âą0.0127
July Spread (Stable) Âą0.0048

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0087 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.3488) against the same month in 2020 (average: 0.3131), the exchange rate shifted by +0.0357 (+11.41%).

2021 Avg (May) 0.3488
2020 Avg (May) 0.3131

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 0.3446 0.3368 0.3406
February 0.3454 0.3379 0.3417
March 0.3441 0.3368 0.3417
April 0.3511 0.3438 0.3473
May 0.3523 0.3457 0.3488
June 0.3498 0.3437 0.3474
July 0.3478 0.3431 0.3454
August 0.3456 0.3329 0.3375
September 0.3401 0.3298 0.3365
October 0.3321 0.3239 0.3278
November 0.3297 0.3226 0.3260
December 0.3280 0.3218 0.3254