2021 MKD to NIO Historical Review

YEARLY HIGH

0.7000 NIO

YEARLY LOW

0.6405 NIO

YEARLY AVERAGE

0.6740 NIO

2021 MKD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 28, valuing the pair at 0.7000. Conversely, the yearly low was recorded on November 24, dropping to 0.6405.

This high-to-low spread represents a total annual volatility of 0.0595 NIO. From a start-to-finish perspective, comparing the January average rate of 0.6902 to the December average rate of 0.6484, the exchange rate registered a net change of -6.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7000 was up 0.55% compared to the 2020 peak of 0.6962, 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 3,500 NIO

2020 Average 3,188 NIO

Yearly Trough Low 3,202 NIO

Transaction Impact: A difference of 297.73 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6963

0.6440

JanuMarcMayJulySeptNove

MKD to NIO 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 0.6849, compared to 0.6632 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0217 points.

H1 Avg (Jan–Jun) 0.6849

H2 Avg (Jul–Dec) 0.6632

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0261 NIO (High: 0.6909 / Low: 0.6648). On the other end, December was the most stable month, with a tight range of 0.0090 NIO (High: 0.6531 / Low: 0.6441).

April Spread (Volatile) ±0.0261

December Spread (Stable) ±0.0090

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 0.0138 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.6920) against the same month in 2020 (average: 0.6018), the exchange rate shifted by +0.0901 (+14.98%).

2021 Avg (May) 0.6920

2020 Avg (May) 0.6018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6978	0.6832	0.6902
February	0.6902	0.6782	0.6856
March	0.6860	0.6653	0.6758
April	0.6909	0.6648	0.6791
May	0.7000	0.6825	0.6920
June	0.6985	0.6731	0.6864
July	0.6787	0.6671	0.6726
August	0.6792	0.6657	0.6708
September	0.6775	0.6610	0.6721
October	0.6677	0.6583	0.6628
November	0.6638	0.6405	0.6522
December	0.6531	0.6441	0.6484

૨૦૨૫ MKD થી NIO ઐતિહાસિક સમીક્ષા