YEARLY HIGH
30.3834 LBP
YEARLY LOW
27.4990 LBP
YEARLY AVERAGE
29.1818 LBP

2021 MKD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 30.3834. Conversely, the yearly low was recorded on November 25, dropping to 27.4990.

This high-to-low spread represents a total annual volatility of 2.8844 LBP. From a start-to-finish perspective, comparing the January average rate of 29.9511 to the December average rate of 27.8761, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 30.3834 was down 0.47% compared to the 2020 peak of 30.5258, 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 151,917 LBP
2020 Average 139,935 LBP
Yearly Trough Low 137,495 LBP
Transaction Impact: A difference of 14,421.87 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

30.2008
27.6648
JanuMarcMayJulySeptNove

MKD to LBP 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 29.7041, compared to 28.6594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0446 points.

H1 Avg (Jan–Jun) 29.7041
H2 Avg (Jul–Dec) 28.6594

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.3018 LBP (High: 28.8009 / Low: 27.4990). On the other end, December was the most stable month, with a tight range of 0.5194 LBP (High: 28.1734 / Low: 27.6540).

November Spread (Volatile) ±1.3018
December Spread (Stable) ±0.5194

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 0.5749 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5749

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 29.9511) against the same month in 2020 (average: 27.3262), the exchange rate shifted by +2.6249 (+9.61%).

2021 Avg (January) 29.9511
2020 Avg (January) 27.3262

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.3834 29.6439 29.9511
February 29.9783 29.3738 29.7400
March 29.9551 28.8195 29.3507
April 30.0366 28.8017 29.4235
May 30.3063 29.6628 29.9895
June 30.3549 29.1413 29.7696
July 29.4871 28.8665 29.1947
August 29.2819 28.6666 28.9304
September 29.2910 28.5428 29.0544
October 28.9668 28.3162 28.6732
November 28.8009 27.4990 28.2277
December 28.1734 27.6540 27.8761