2019 CLP to MKD Historical Review

YEARLY HIGH

0.0836 MKD

YEARLY LOW

0.0651 MKD

YEARLY AVERAGE

0.0783 MKD

2019 CLP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CLP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0836. Conversely, the yearly low was recorded on December 1, dropping to 0.0651.

This high-to-low spread represents a total annual volatility of 0.0185 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0800 to the December average rate of 0.0722, the exchange rate registered a net change of -9.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0836 was down 1.82% compared to the 2018 peak of 0.0851, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 83,593 MKD

2018 Average 81,352 MKD

Yearly Trough Low 65,062 MKD

Transaction Impact: A difference of 18,530.77 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0839

0.0701

JanuMarcMayJulySeptNove

CLP 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 0.0807, compared to 0.0759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0807

H2 Avg (Jul–Dec) 0.0759

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0099 MKD (High: 0.0749 / Low: 0.0651). On the other end, February was the most stable month, with a tight range of 0.0015 MKD (High: 0.0836 / Low: 0.0821).

December Spread (Volatile) ±0.0099

February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0059 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.0827) against the same month in 2018 (average: 0.0836), the exchange rate shifted by -0.0009 (-1.04%).

2019 Avg (February) 0.0827

2018 Avg (February) 0.0836

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0815	0.0773	0.0800
February	0.0836	0.0821	0.0827
March	0.0829	0.0796	0.0812
April	0.0826	0.0811	0.0822
May	0.0813	0.0779	0.0796
June	0.0799	0.0778	0.0789
July	0.0805	0.0784	0.0796
August	0.0785	0.0760	0.0774
September	0.0789	0.0770	0.0778
October	0.0786	0.0743	0.0772
November	0.0749	0.0651	0.0713
December	0.0749	0.0651	0.0722