2021 MKD to TWD Historical Review

YEARLY HIGH

0.5607 TWD

YEARLY LOW

0.5051 TWD

YEARLY AVERAGE

0.5362 TWD

2021 MKD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.5607. Conversely, the yearly low was recorded on November 24, dropping to 0.5051.

This high-to-low spread represents a total annual volatility of 0.0556 TWD. From a start-to-finish perspective, comparing the January average rate of 0.5528 to the December average rate of 0.5085, the exchange rate registered a net change of -8.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5607 was down 1.47% compared to the 2020 peak of 0.5690, 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 2,803 TWD

2020 Average 2,725 TWD

Yearly Trough Low 2,525 TWD

Transaction Impact: A difference of 278.10 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5573

0.5041

JanuMarcMayJulySeptNove

MKD to TWD 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 0.5477, compared to 0.5246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.5477

H2 Avg (Jul–Dec) 0.5246

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0189 TWD (High: 0.5240 / Low: 0.5051). On the other end, October was the most stable month, with a tight range of 0.0056 TWD (High: 0.5273 / Low: 0.5217).

November Spread (Volatile) ±0.0189

October Spread (Stable) ±0.0056

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 October and November, when the average rate fell by 0.0108 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5528) against the same month in 2020 (average: 0.5419), the exchange rate shifted by +0.0109 (+2.02%).

2021 Avg (January) 0.5528

2020 Avg (January) 0.5419

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5607	0.5479	0.5528
February	0.5512	0.5422	0.5480
March	0.5495	0.5404	0.5452
April	0.5514	0.5416	0.5481
May	0.5558	0.5436	0.5494
June	0.5500	0.5362	0.5426
July	0.5404	0.5340	0.5371
August	0.5404	0.5294	0.5321
September	0.5328	0.5231	0.5298
October	0.5273	0.5217	0.5255
November	0.5240	0.5051	0.5147
December	0.5120	0.5059	0.5085

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