2021 NZD to MKD Historical Review

YEARLY HIGH

38.1790 MKD

YEARLY LOW

35.7232 MKD

YEARLY AVERAGE

36.8338 MKD

2021 NZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 38.1790. Conversely, the yearly low was recorded on January 2, dropping to 35.7232.

This high-to-low spread represents a total annual volatility of 2.4558 MKD. From a start-to-finish perspective, comparing the January average rate of 36.3845 to the December average rate of 36.9758, the exchange rate registered a net change of 1.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 38.1790 was up 3.37% compared to the 2020 peak of 36.9358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 190,895 MKD

2020 Average 175,548 MKD

Yearly Trough Low 178,616 MKD

Transaction Impact: A difference of 12,279.24 MKD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

38.0052

36.1406

JanuMarcMayJulySeptNove

NZD 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 36.6473, compared to 37.0203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3730 points.

H1 Avg (Jan–Jun) 36.6473

H2 Avg (Jul–Dec) 37.0203

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 1.2299 MKD (High: 38.0877 / Low: 36.8578). On the other end, July was the most stable month, with a tight range of 0.5763 MKD (High: 36.6368 / Low: 36.0605).

October Spread (Volatile) ±1.2299

July Spread (Stable) ±0.5763

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.8740 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 37.8498) against the same month in 2020 (average: 35.7676), the exchange rate shifted by +2.0822 (+5.82%).

2021 Avg (November) 37.8498

2020 Avg (November) 35.7676

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	36.6865	35.7232	36.3845
February	37.6951	36.5939	36.9284
March	37.3039	36.3573	36.9442
April	37.0537	36.3723	36.6864
May	37.1219	36.1322	36.6441
June	36.6500	35.7884	36.2959
July	36.6368	36.0605	36.3986
August	36.9527	35.9210	36.5273
September	37.1854	36.3271	36.9027
October	38.0877	36.8578	37.4674
November	38.1790	37.0834	37.8498
December	37.2576	36.6319	36.9758

2021 NZD থেকে MKD-এর ঐতিহাসিক পর্যালোচনা