2019 EUR to MKD Historical Review

YEARLY HIGH

62.3538 MKD

YEARLY LOW

60.8400 MKD

YEARLY AVERAGE

61.5426 MKD

2019 EUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the EUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 62.3538. Conversely, the yearly low was recorded on July 28, dropping to 60.8400.

This high-to-low spread represents a total annual volatility of 1.5139 MKD. From a start-to-finish perspective, comparing the January average rate of 61.6296 to the December average rate of 61.5047, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 62.3538 was up 0.36% compared to the 2018 peak of 62.1310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 311,769 MKD

2018 Average 307,837 MKD

Yearly Trough Low 304,200 MKD

Transaction Impact: A difference of 7,569.31 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

61.6589

61.3076

JanuMarcMayJulySeptNove

EUR 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 61.5828, compared to 61.5023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0805 points.

H1 Avg (Jan–Jun) 61.5828

H2 Avg (Jul–Dec) 61.5023

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.4102 MKD (High: 62.3538 / Low: 60.9437). On the other end, November was the most stable month, with a tight range of 0.1331 MKD (High: 61.6120 / Low: 61.4789).

August Spread (Volatile) ±1.4102

November Spread (Stable) ±0.1331

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.2752 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 61.5588) against the same month in 2018 (average: 61.6022), the exchange rate shifted by -0.0434 (-0.07%).

2019 Avg (August) 61.5588

2018 Avg (August) 61.6022

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	62.1613	60.9419	61.6296
February	61.9217	61.3969	61.5996
March	61.8542	61.0734	61.4926
April	61.7517	61.3587	61.5433
May	61.9271	61.4330	61.6197
June	62.1025	61.0681	61.6121
July	61.8878	60.8400	61.3369
August	62.3538	60.9437	61.5588
September	61.9532	60.8807	61.5388
October	61.7404	61.3353	61.5439
November	61.6120	61.4789	61.5309
December	61.8232	61.2014	61.5047