2019 FKP to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 FKP to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the FKP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 74.4816. Conversely, the yearly low was recorded on August 11, dropping to 66.0054.
This high-to-low spread represents a total annual volatility of 8.4762 MKD. From a start-to-finish perspective, comparing the January average rate of 69.6484 to the December average rate of 72.5747, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 74.4816 was up 4.44% compared to the 2018 peak of 71.3129, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
FKP to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 70.5307, compared to 69.8570 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6737 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 4.1378 MKD (High: 71.5629 / Low: 67.4251). On the other end, November was the most stable month, with a tight range of 1.0006 MKD (High: 72.2964 / Low: 71.2958).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.6639 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 72.5747) against the same month in 2018 (average: 68.5434), the exchange rate shifted by +4.0313 (+5.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 71.5629 | 67.4251 | 69.6484 |
| February | 72.0758 | 69.8899 | 70.5935 |
| March | 72.5065 | 71.0573 | 71.6735 |
| April | 72.2332 | 70.9739 | 71.3420 |
| May | 72.4881 | 69.6669 | 70.7953 |
| June | 69.9216 | 68.5148 | 69.1314 |
| July | 68.7464 | 67.0066 | 68.2105 |
| August | 68.1345 | 66.0054 | 67.1725 |
| September | 69.7886 | 67.6268 | 69.0061 |
| October | 71.5589 | 68.4318 | 70.4564 |
| November | 72.2964 | 71.2958 | 71.7219 |
| December | 74.4816 | 71.7551 | 72.5747 |