2019 DZD to MKD Historical Review

YEARLY HIGH

0.4680 MKD

YEARLY LOW

0.4538 MKD

YEARLY AVERAGE

0.4603 MKD

2019 DZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.4680. Conversely, the yearly low was recorded on January 14, dropping to 0.4538.

This high-to-low spread represents a total annual volatility of 0.0142 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4560 to the December average rate of 0.4628, the exchange rate registered a net change of 1.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4680 was up 1.71% compared to the 2018 peak of 0.4601, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,340 MKD

2018 Average 2,237 MKD

Yearly Trough Low 2,269 MKD

Transaction Impact: A difference of 70.89 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4655

0.4552

JanuMarcMayJulySeptNove

DZD 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 0.4579, compared to 0.4626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.4579

H2 Avg (Jul–Dec) 0.4626

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0070 MKD (High: 0.4618 / Low: 0.4549). On the other end, May was the most stable month, with a tight range of 0.0031 MKD (High: 0.4624 / Low: 0.4593).

June Spread (Volatile) ±0.0070

May Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between June and September, 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 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.4646) against the same month in 2018 (average: 0.4479), the exchange rate shifted by +0.0167 (+3.72%).

2019 Avg (September) 0.4646

2018 Avg (September) 0.4479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4586	0.4538	0.4560
February	0.4604	0.4541	0.4574
March	0.4591	0.4544	0.4571
April	0.4613	0.4560	0.4590
May	0.4624	0.4593	0.4604
June	0.4618	0.4549	0.4577
July	0.4610	0.4549	0.4584
August	0.4647	0.4591	0.4615
September	0.4680	0.4625	0.4646
October	0.4673	0.4617	0.4641
November	0.4657	0.4613	0.4640
December	0.4649	0.4603	0.4628