2019 CLF to MKD Historical Review

YEARLY HIGH

56.4354 MKD

YEARLY LOW

53.5687 MKD

YEARLY AVERAGE

54.9595 MKD

2019 CLF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CLF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 56.4354. Conversely, the yearly low was recorded on January 9, dropping to 53.5687.

This high-to-low spread represents a total annual volatility of 2.8667 MKD. From a start-to-finish perspective, comparing the January average rate of 53.9714 to the December average rate of 55.3514, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 56.4354 was up 3.32% compared to the 2018 peak of 54.6222, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 282,177 MKD

2018 Average 260,881 MKD

Yearly Trough Low 267,844 MKD

Transaction Impact: A difference of 14,333.35 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

56.0315

53.7841

JanuMarcMayJulySeptNove

CLF 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 54.5062, compared to 55.4128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9066 points.

H1 Avg (Jan–Jun) 54.5062

H2 Avg (Jul–Dec) 55.4128

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 1.3135 MKD (High: 55.3219 / Low: 54.0084). On the other end, May was the most stable month, with a tight range of 0.5679 MKD (High: 55.3431 / Low: 54.7752).

June Spread (Volatile) ±1.3135

May Spread (Stable) ±0.5679

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.5392 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.5392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 55.8442) against the same month in 2018 (average: 52.8593), the exchange rate shifted by +2.9850 (+5.65%).

2019 Avg (September) 55.8442

2018 Avg (September) 52.8593

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.1814	53.5687	53.9714
February	54.7430	53.6684	54.2696
March	54.8255	54.0225	54.4219
April	55.2528	54.2781	54.7857
May	55.3431	54.7752	55.0640
June	55.3219	54.0084	54.5248
July	55.1792	54.1951	54.6940
August	55.6898	54.6900	55.2686
September	56.4354	55.2437	55.8442
October	56.2605	55.1262	55.6448
November	55.9150	55.1057	55.6739
December	55.8170	54.8369	55.3514