2021 PEN to MKD Historical Review

YEARLY HIGH

14.4214 MKD

YEARLY LOW

12.6392 MKD

YEARLY AVERAGE

13.4447 MKD

2021 PEN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 14.4214. Conversely, the yearly low was recorded on September 4, dropping to 12.6392.

This high-to-low spread represents a total annual volatility of 1.7822 MKD. From a start-to-finish perspective, comparing the January average rate of 13.9605 to the December average rate of 13.4764, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 14.4214 was down 14.91% compared to the 2020 peak of 16.9482, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72,107 MKD

2020 Average 77,466 MKD

Yearly Trough Low 63,196 MKD

Transaction Impact: A difference of 8,911.23 MKD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2021 সাল জুড়ে মাসিক গড় ওঠানামা।

14.1057

12.6013

JanuMarcMayJulySeptNove

PEN 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 13.7343, compared to 13.1551 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5791 points.

H1 Avg (Jan–Jun) 13.7343

H2 Avg (Jul–Dec) 13.1551

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.1384 MKD (High: 14.4214 / Low: 13.2830). On the other end, March was the most stable month, with a tight range of 0.1491 MKD (High: 14.0424 / Low: 13.8932).

April Spread (Volatile) ±1.1384

March Spread (Stable) ±0.1491

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 0.5096 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 13.9659) against the same month in 2020 (average: 16.6856), the exchange rate shifted by -2.7197 (-16.30%).

2021 Avg (April) 13.9659

2020 Avg (April) 16.6856

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	14.1334	13.7801	13.9605
February	14.1482	13.8687	13.9804
March	14.0424	13.8932	13.9742
April	14.4214	13.2830	13.9659
May	13.9341	13.0969	13.4563
June	13.2173	12.9035	13.0684
July	13.4284	13.0386	13.2292
August	13.1733	12.7504	12.8400
September	12.8685	12.6392	12.7266
October	13.5523	12.8334	13.2176
November	13.6952	13.2197	13.4408
December	13.6948	13.3187	13.4764

2021 PEN থেকে MKD-এর ঐতিহাসিক পর্যালোচনা