2019 CZK to MKD Historical Review

YEARLY HIGH

2.4301 MKD

YEARLY LOW

2.3547 MKD

YEARLY AVERAGE

2.3972 MKD

2019 CZK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CZK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 2.4301. Conversely, the yearly low was recorded on August 25, dropping to 2.3547.

This high-to-low spread represents a total annual volatility of 0.0754 MKD. From a start-to-finish perspective, comparing the January average rate of 2.4045 to the December average rate of 2.4132, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.4301 was down 0.51% compared to the 2018 peak of 2.4425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,151 MKD

2018 Average 12,002 MKD

Yearly Trough Low 11,773 MKD

Transaction Impact: A difference of 377.22 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.4168

2.3740

JanuMarcMayJulySeptNove

CZK 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 2.3980, compared to 2.3964 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 2.3980

H2 Avg (Jul–Dec) 2.3964

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0645 MKD (High: 2.4301 / Low: 2.3657). On the other end, November was the most stable month, with a tight range of 0.0123 MKD (High: 2.4163 / Low: 2.4040).

January Spread (Volatile) ±0.0645

November Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0184 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0184

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 2.4045) against the same month in 2018 (average: 2.4209), the exchange rate shifted by -0.0164 (-0.68%).

2019 Avg (January) 2.4045

2018 Avg (January) 2.4209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4301	2.3657	2.4045
February	2.4089	2.3777	2.3951
March	2.4121	2.3709	2.3939
April	2.4112	2.3859	2.3969
May	2.4013	2.3757	2.3913
June	2.4252	2.3864	2.4067
July	2.4190	2.3763	2.3999
August	2.3928	2.3547	2.3815
September	2.3943	2.3547	2.3776
October	2.4174	2.3804	2.3963
November	2.4163	2.4040	2.4100
December	2.4226	2.4013	2.4132