YEARLY HIGH
138.2400 PYG
YEARLY LOW
120.5252 PYG
YEARLY AVERAGE
130.1459 PYG

2021 MKD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 138.2400. Conversely, the yearly low was recorded on April 11, dropping to 120.5252.

This high-to-low spread represents a total annual volatility of 17.7148 PYG. From a start-to-finish perspective, comparing the January average rate of 136.3568 to the December average rate of 125.1257, the exchange rate registered a net change of -8.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 138.2400 was down 0.45% compared to the 2020 peak of 138.8681, 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 691,200 PYG
2020 Average 627,621 PYG
Yearly Trough Low 602,626 PYG
Transaction Impact: A difference of 88,574.11 PYG purely based on transaction execution date.

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

137.5812
122.8875
JanuMarcMayJulySeptNove

MKD to PYG 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 130.6592, compared to 129.6325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0267 points.

H1 Avg (Jan–Jun) 130.6592
H2 Avg (Jul–Dec) 129.6325

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 8.0246 PYG (High: 128.5498 / Low: 120.5252). On the other end, October was the most stable month, with a tight range of 2.0399 PYG (High: 131.0888 / Low: 129.0489).

April Spread (Volatile) Âą8.0246
October Spread (Stable) Âą2.0399

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 5.1915 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -5.1915

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 136.3568) against the same month in 2020 (average: 117.5029), the exchange rate shifted by +18.8538 (+16.05%).

2021 Avg (January) 136.3568
2020 Avg (January) 117.5029

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Month High Low Average
January 138.2400 134.4170 136.3568
February 135.7959 129.5540 132.1984
March 130.0289 122.6477 127.0069
April 128.5498 120.5252 124.1120
May 134.3989 128.1637 132.2759
June 134.2612 130.3327 132.0052
July 133.5618 129.5953 131.2686
August 133.5858 131.4294 132.2901
September 133.6147 129.4132 131.9760
October 131.0888 129.0489 130.0834
November 129.9282 124.2074 127.0512
December 126.3735 124.2848 125.1257