YEARLY HIGH
0.0083 MKD
YEARLY LOW
0.0072 MKD
YEARLY AVERAGE
0.0077 MKD

2021 PYG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PYG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 11, valuing the pair at 0.0083. Conversely, the yearly low was recorded on January 5, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0011 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0073 to the December average rate of 0.0080, the exchange rate registered a net change of 8.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0083 was down 5.80% compared to the 2020 peak of 0.0088, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41 MKD
2020 Average 40 MKD
Yearly Trough Low 36 MKD
Transaction Impact: A difference of 5.32 MKD purely based on transaction execution date.

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0.0081
0.0073
JanuMarcMayJulySeptNove

PYG 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 0.0077, compared to 0.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0077
H2 Avg (Jul–Dec) 0.0077

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0005 MKD (High: 0.0083 / Low: 0.0078). On the other end, October was the most stable month, with a tight range of 0.0001 MKD (High: 0.0077 / Low: 0.0076).

April Spread (Volatile) Âą0.0005
October Spread (Stable) Âą0.0001

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0081) against the same month in 2020 (average: 0.0087), the exchange rate shifted by -0.0007 (-7.57%).

2021 Avg (April) 0.0081
2020 Avg (April) 0.0087

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Month High Low Average
January 0.0074 0.0072 0.0073
February 0.0077 0.0074 0.0076
March 0.0082 0.0077 0.0079
April 0.0083 0.0078 0.0081
May 0.0078 0.0074 0.0076
June 0.0077 0.0074 0.0076
July 0.0077 0.0075 0.0076
August 0.0076 0.0075 0.0076
September 0.0077 0.0075 0.0076
October 0.0077 0.0076 0.0077
November 0.0081 0.0077 0.0079
December 0.0080 0.0079 0.0080