2021 MKD to KPW Historical Review

YEARLY HIGH

18.0079 KPW

YEARLY LOW

16.3610 KPW

YEARLY AVERAGE

17.2863 KPW

2021 MKD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 18.0079. Conversely, the yearly low was recorded on November 24, dropping to 16.3610.

This high-to-low spread represents a total annual volatility of 1.6468 KPW. From a start-to-finish perspective, comparing the January average rate of 17.7732 to the December average rate of 16.5158, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.0079 was up 0.24% compared to the 2020 peak of 17.9648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90,039 KPW

2020 Average 83,366 KPW

Yearly Trough Low 81,805 KPW

Transaction Impact: A difference of 8,234.23 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

17.8990

16.3901

JanuMarcMayJulySeptNove

MKD to KPW 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 17.6040, compared to 16.9687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6353 points.

H1 Avg (Jan–Jun) 17.6040

H2 Avg (Jul–Dec) 16.9687

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5989 KPW (High: 16.9599 / Low: 16.3610). On the other end, December was the most stable month, with a tight range of 0.1593 KPW (High: 16.5734 / Low: 16.4141).

November Spread (Volatile) ±0.5989

December Spread (Stable) ±0.1593

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 0.3204 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 17.7732) against the same month in 2020 (average: 16.2496), the exchange rate shifted by +1.5236 (+9.38%).

2021 Avg (January) 17.7732

2020 Avg (January) 16.2496

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.0079	17.6272	17.7732
February	17.7917	17.4763	17.6588
March	17.6511	17.1169	17.3738
April	17.7407	17.1568	17.4708
May	17.9126	17.5396	17.7465
June	17.8531	17.3393	17.6008
July	17.4061	17.1881	17.2804
August	17.4092	17.0546	17.1886
September	17.3645	16.9164	17.2152
October	17.0644	16.8379	16.9496
November	16.9599	16.3610	16.6624
December	16.5734	16.4141	16.5158

૨૦૨૫ MKD થી KPW ઐતિહાસિક સમીક્ષા