YEARLY HIGH
21.4316 MKD
YEARLY LOW
19.8412 MKD
YEARLY AVERAGE
20.4675 MKD

2021 WST to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the WST to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 21.4316. Conversely, the yearly low was recorded on January 5, dropping to 19.8412.

This high-to-low spread represents a total annual volatility of 1.5904 MKD. From a start-to-finish perspective, comparing the January average rate of 20.1487 to the December average rate of 21.0041, the exchange rate registered a net change of 4.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.4316 was up 0.21% compared to the 2020 peak of 21.3876, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107,158 MKD
2020 Average 101,537 MKD
Yearly Trough Low 99,206 MKD
Transaction Impact: A difference of 7,952.08 MKD purely based on transaction execution date.

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21.1462
20.0304
JanuMarcMayJulySeptNove

WST 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 20.2760, compared to 20.6590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3830 points.

H1 Avg (Jan–Jun) 20.2760
H2 Avg (Jul–Dec) 20.6590

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.7679 MKD (High: 21.4316 / Low: 20.6637). On the other end, October was the most stable month, with a tight range of 0.2491 MKD (High: 20.7863 / Low: 20.5372).

November Spread (Volatile) Âą0.7679
October Spread (Stable) Âą0.2491

Growth Streaks & Declines

Trends

Between August and November, 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 0.2058 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 21.0533) against the same month in 2020 (average: 20.0439), the exchange rate shifted by +1.0094 (+5.04%).

2021 Avg (November) 21.0533
2020 Avg (November) 20.0439

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Month High Low Average
January 20.4098 19.8412 20.1487
February 20.5407 20.0447 20.2902
March 20.7326 20.3556 20.5264
April 20.6673 20.0370 20.3292
May 20.2667 19.9911 20.1234
June 20.4986 20.0539 20.2384
July 20.6353 20.1734 20.4332
August 20.5581 20.1698 20.4044
September 20.6655 20.2424 20.4145
October 20.7863 20.5372 20.6446
November 21.4316 20.6637 21.0533
December 21.2674 20.8548 21.0041