2021 COP to MKD Historical Review

YEARLY HIGH

0.0148 MKD

YEARLY LOW

0.0131 MKD

YEARLY AVERAGE

0.0139 MKD

2021 COP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the COP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.0148. Conversely, the yearly low was recorded on August 10, dropping to 0.0131.

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 0.0145 to the December average rate of 0.0137, the exchange rate registered a net change of -5.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0148 was down 13.61% compared to the 2020 peak of 0.0171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 73,804 MKD

2020 Average 73,468 MKD

Yearly Trough Low 65,723 MKD

Transaction Impact: A difference of 8,081.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0146

0.0134

JanuMarcMayJulySeptNove

COP 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 0.0141, compared to 0.0137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0141

H2 Avg (Jul–Dec) 0.0137

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0008 MKD (High: 0.0144 / Low: 0.0136). On the other end, September was the most stable month, with a tight range of 0.0003 MKD (High: 0.0139 / Low: 0.0135).

April Spread (Volatile) ±0.0008

September Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between August and October, 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 April and May, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0145) against the same month in 2020 (average: 0.0167), the exchange rate shifted by -0.0022 (-13.28%).

2021 Avg (January) 0.0145

2020 Avg (January) 0.0167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0148	0.0141	0.0145
February	0.0146	0.0140	0.0143
March	0.0146	0.0139	0.0143
April	0.0144	0.0136	0.0141
May	0.0138	0.0133	0.0136
June	0.0141	0.0136	0.0138
July	0.0139	0.0133	0.0136
August	0.0137	0.0131	0.0135
September	0.0139	0.0135	0.0137
October	0.0143	0.0139	0.0141
November	0.0142	0.0134	0.0138
December	0.0141	0.0134	0.0137