YEARLY HIGH
0.2198 MKD
YEARLY LOW
0.1996 MKD
YEARLY AVERAGE
0.2081 MKD

2021 YER to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the YER to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.2198. Conversely, the yearly low was recorded on January 6, dropping to 0.1996.

This high-to-low spread represents a total annual volatility of 0.0202 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2022 to the December average rate of 0.2178, the exchange rate registered a net change of 7.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2198 was down 4.27% compared to the 2020 peak of 0.2296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,099 MKD
2020 Average 1,080 MKD
Yearly Trough Low 998 MKD
Transaction Impact: A difference of 101.11 MKD purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2021 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

0.2193
0.2007
JanuMarcMayJulySeptNove

YER 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 0.2043, compared to 0.2119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.2043
H2 Avg (Jul–Dec) 0.2119

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0078 MKD (High: 0.2198 / Low: 0.2121). On the other end, December was the most stable month, with a tight range of 0.0021 MKD (High: 0.2191 / Low: 0.2170).

November Spread (Volatile) Âą0.0078
December Spread (Stable) Âą0.0021

Growth Streaks & Declines

Trends

Between May and August, 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 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.2159) against the same month in 2020 (average: 0.2079), the exchange rate shifted by +0.0079 (+3.82%).

2021 Avg (November) 0.2159
2020 Avg (November) 0.2079

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 0.2039 0.1996 0.2022
February 0.2057 0.2020 0.2036
March 0.2100 0.2036 0.2069
April 0.2095 0.2026 0.2058
May 0.2049 0.2010 0.2027
June 0.2074 0.2016 0.2045
July 0.2094 0.2067 0.2082
August 0.2107 0.2067 0.2092
September 0.2126 0.2066 0.2084
October 0.2136 0.2108 0.2122
November 0.2198 0.2121 0.2159
December 0.2191 0.2170 0.2178