2021 MKD to GNF Historical Review

YEARLY HIGH

204.5647 GNF

YEARLY LOW

170.3098 GNF

YEARLY AVERAGE

189.1331 GNF

2021 MKD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 204.5647. Conversely, the yearly low was recorded on December 21, dropping to 170.3098.

This high-to-low spread represents a total annual volatility of 34.2549 GNF. From a start-to-finish perspective, comparing the January average rate of 201.5443 to the December average rate of 172.7457, the exchange rate registered a net change of -14.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 204.5647 was up 2.38% compared to the 2020 peak of 199.8085, 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 1,022,824 GNF

2020 Average 891,661 GNF

Yearly Trough Low 851,549 GNF

Transaction Impact: A difference of 171,274.40 GNF purely based on transaction execution date.

ट्रेंड विज़ुअलाइज़ेशन

2021 के दौरान महीने के औसत उतार-चढ़ाव।

204.4242

169.8659

JanuMarcMayJulySeptNove

MKD to GNF 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 195.9204, compared to 182.3459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.5745 points.

H1 Avg (Jan–Jun) 195.9204

H2 Avg (Jul–Dec) 182.3459

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 9.1229 GNF (High: 181.1666 / Low: 172.0437). On the other end, October was the most stable month, with a tight range of 2.5308 GNF (High: 183.9750 / Low: 181.4442).

November Spread (Volatile) ±9.1229

October Spread (Stable) ±2.5308

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 6.4466 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -6.4466

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 201.5443) against the same month in 2020 (average: 171.2476), the exchange rate shifted by +30.2967 (+17.69%).

2021 Avg (January) 201.5443

2020 Avg (January) 171.2476

महीने का ब्रेकडाउन

हर कैलेंडर महीने के लिए स्टैटिस्टिकल समरी।

Month	High	Low	Average
January	204.5647	198.2748	201.5443
February	202.6227	196.1240	199.5731
March	198.4715	190.7963	194.3816
April	195.3156	190.6537	193.5096
May	195.9543	192.8568	194.5124
June	194.6633	189.2324	192.0014
July	189.4909	186.7118	188.2967
August	188.8767	185.2316	186.7703
September	188.8508	183.5132	187.0164
October	183.9750	181.4442	182.8464
November	181.1666	172.0437	176.3998
December	175.5556	170.3098	172.7457

2021 MKD से GNF हिस्टोरिकल रिव्यू