2019 DJF to MKD Historical Review

YEARLY HIGH

0.3659 MKD

YEARLY LOW

0.3009 MKD

YEARLY AVERAGE

0.3089 MKD

2019 DJF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DJF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.3659. Conversely, the yearly low was recorded on January 10, dropping to 0.3009.

This high-to-low spread represents a total annual volatility of 0.0650 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3052 to the December average rate of 0.3109, the exchange rate registered a net change of 1.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3659 was up 19.23% compared to the 2018 peak of 0.3069, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,829 MKD

2018 Average 1,467 MKD

Yearly Trough Low 1,505 MKD

Transaction Impact: A difference of 324.80 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3146

0.3040

JanuMarcMayJulySeptNove

DJF 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 0.3065, compared to 0.3113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.3065

H2 Avg (Jul–Dec) 0.3113

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0650 MKD (High: 0.3659 / Low: 0.3009). On the other end, May was the most stable month, with a tight range of 0.0032 MKD (High: 0.3108 / Low: 0.3076).

January Spread (Volatile) ±0.0650

May Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.3052) against the same month in 2018 (average: 0.2825), the exchange rate shifted by +0.0227 (+8.03%).

2019 Avg (January) 0.3052

2018 Avg (January) 0.2825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3659	0.3009	0.3052
February	0.3075	0.3014	0.3049
March	0.3080	0.3035	0.3057
April	0.3104	0.3049	0.3077
May	0.3108	0.3076	0.3093
June	0.3108	0.3033	0.3063
July	0.3100	0.3044	0.3072
August	0.3128	0.3072	0.3104
September	0.3170	0.3103	0.3137
October	0.3160	0.3097	0.3126
November	0.3141	0.3096	0.3127
December	0.3136	0.3081	0.3109