YEARLY HIGH
42.6063 MKD
YEARLY LOW
39.4411 MKD
YEARLY AVERAGE
41.4265 MKD

2019 CAD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 42.6063. Conversely, the yearly low was recorded on January 1, dropping to 39.4411.

This high-to-low spread represents a total annual volatility of 3.1652 MKD. From a start-to-finish perspective, comparing the January average rate of 40.5779 to the December average rate of 42.0317, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 42.6063 was up 2.40% compared to the 2018 peak of 41.6090, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 213,032 MKD
2018 Average 201,213 MKD
Yearly Trough Low 197,206 MKD
Transaction Impact: A difference of 15,826.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

42.3553
40.4163
JanuMarcMayJulySeptNove

CAD 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 40.8800, compared to 41.9730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0929 points.

H1 Avg (Jan–Jun) 40.8800
H2 Avg (Jul–Dec) 41.9730

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.7380 MKD (High: 41.1791 / Low: 39.4411). On the other end, November was the most stable month, with a tight range of 0.4907 MKD (High: 42.2430 / Low: 41.7523).

January Spread (Volatile) ±1.7380
November Spread (Stable) ±0.4907

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3948 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3948

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 42.1683) against the same month in 2018 (average: 40.5738), the exchange rate shifted by +1.5945 (+3.93%).

2019 Avg (September) 42.1683
2018 Avg (September) 40.5738

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.1791 39.4411 40.5779
February 41.3598 40.7426 41.1100
March 41.0693 40.2699 40.7152
April 41.2365 40.7080 40.9368
May 41.1521 40.6329 40.9196
June 41.3700 40.5244 41.0208
July 42.0457 41.2619 41.7521
August 41.9930 41.0725 41.6333
September 42.6063 41.7452 42.1683
October 42.5626 41.9770 42.1938
November 42.2430 41.7523 42.0587
December 42.2996 41.7228 42.0317