2021 DOP to MKD Historical Review

YEARLY HIGH

0.9733 MKD

YEARLY LOW

0.8594 MKD

YEARLY AVERAGE

0.9131 MKD

2021 DOP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DOP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.9733. Conversely, the yearly low was recorded on January 6, dropping to 0.8594.

This high-to-low spread represents a total annual volatility of 0.1139 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8702 to the December average rate of 0.9576, the exchange rate registered a net change of 10.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9733 was down 8.96% compared to the 2020 peak of 1.0691, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,867 MKD

2020 Average 4,795 MKD

Yearly Trough Low 4,297 MKD

Transaction Impact: A difference of 569.35 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9664

0.8615

JanuMarcMayJulySeptNove

DOP 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 0.8913, compared to 0.9349 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0436 points.

H1 Avg (Jan–Jun) 0.8913

H2 Avg (Jul–Dec) 0.9349

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0432 MKD (High: 0.9242 / Low: 0.8810). On the other end, July was the most stable month, with a tight range of 0.0123 MKD (High: 0.9192 / Low: 0.9069).

March Spread (Volatile) ±0.0432

July Spread (Stable) ±0.0123

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0149 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.9555) against the same month in 2020 (average: 0.8934), the exchange rate shifted by +0.0620 (+6.94%).

2021 Avg (November) 0.9555

2020 Avg (November) 0.8934

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8772	0.8594	0.8702
February	0.8884	0.8739	0.8795
March	0.9242	0.8810	0.9037
April	0.9243	0.8922	0.9061
May	0.9018	0.8828	0.8912
June	0.9107	0.8854	0.8970
July	0.9192	0.9069	0.9135
August	0.9251	0.9067	0.9178
September	0.9435	0.9122	0.9229
October	0.9494	0.9351	0.9420
November	0.9733	0.9402	0.9555
December	0.9647	0.9489	0.9576

૨૦૨૫ DOP થી MKD ઐતિહાસિક સમીક્ષા