YEARLY HIGH
142.8976 MKD
YEARLY LOW
129.8048 MKD
YEARLY AVERAGE
135.3087 MKD

2021 OMR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the OMR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 142.8976. Conversely, the yearly low was recorded on January 6, dropping to 129.8048.

This high-to-low spread represents a total annual volatility of 13.0928 MKD. From a start-to-finish perspective, comparing the January average rate of 131.5213 to the December average rate of 141.5192, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 142.8976 was down 4.58% compared to the 2020 peak of 149.7594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 714,488 MKD
2020 Average 702,089 MKD
Yearly Trough Low 649,024 MKD
Transaction Impact: A difference of 65,464.00 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

142.5190
130.5215
JanuMarcMayJulySeptNove

OMR 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 132.8105, compared to 137.8068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.9964 points.

H1 Avg (Jan–Jun) 132.8105
H2 Avg (Jul–Dec) 137.8068

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 5.0631 MKD (High: 142.8976 / Low: 137.8345). On the other end, December was the most stable month, with a tight range of 1.1221 MKD (High: 142.1560 / Low: 141.0338).

November Spread (Volatile) ±5.0631
December Spread (Stable) ±1.1221

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.0795 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0795

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 140.3099) against the same month in 2020 (average: 135.2119), the exchange rate shifted by +5.0980 (+3.77%).

2021 Avg (November) 140.3099
2020 Avg (November) 135.2119

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 132.6088 129.8048 131.5213
February 133.7716 131.3469 132.3859
March 136.5739 132.4450 134.5580
April 136.2392 131.7872 133.8205
May 133.3051 130.5027 131.7410
June 134.8250 130.9431 132.8362
July 136.0023 134.2543 135.2805
August 137.0617 134.2390 136.0114
September 138.2035 134.6500 135.8006
October 138.8554 137.0073 137.9196
November 142.8976 137.8345 140.3099
December 142.1560 141.0338 141.5192