YEARLY HIGH
0.0946 MKD
YEARLY LOW
0.0930 MKD
YEARLY AVERAGE
0.0939 MKD

2021 XAF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the XAF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0946. Conversely, the yearly low was recorded on June 16, dropping to 0.0930.

This high-to-low spread represents a total annual volatility of 0.0016 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0939 to the December average rate of 0.0939, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0946 was down 1.80% compared to the 2020 peak of 0.0963, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 473 MKD
2020 Average 470 MKD
Yearly Trough Low 465 MKD
Transaction Impact: A difference of 7.83 MKD purely based on transaction execution date.

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0.0940
0.0938
JanuMarcMayJulySeptNove

XAF 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 0.0939, compared to 0.0939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0939
H2 Avg (Jul–Dec) 0.0939

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0015 MKD (High: 0.0946 / Low: 0.0931). On the other end, March was the most stable month, with a tight range of 0.0005 MKD (High: 0.0943 / Low: 0.0938).

February Spread (Volatile) Âą0.0015
March Spread (Stable) Âą0.0005

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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0940) against the same month in 2020 (average: 0.0940), the exchange rate shifted by +0.0000 (+0.02%).

2021 Avg (February) 0.0940
2020 Avg (February) 0.0940

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Month High Low Average
January 0.0942 0.0933 0.0939
February 0.0946 0.0931 0.0940
March 0.0943 0.0938 0.0940
April 0.0946 0.0933 0.0939
May 0.0945 0.0933 0.0939
June 0.0942 0.0930 0.0938
July 0.0941 0.0934 0.0939
August 0.0943 0.0935 0.0939
September 0.0940 0.0935 0.0938
October 0.0941 0.0932 0.0939
November 0.0943 0.0934 0.0939
December 0.0944 0.0932 0.0939