2019 HTG to MKD Historical Review

YEARLY HIGH

0.6980 MKD

YEARLY LOW

0.5663 MKD

YEARLY AVERAGE

0.6118 MKD

2019 HTG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HTG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.6980. Conversely, the yearly low was recorded on November 3, dropping to 0.5663.

This high-to-low spread represents a total annual volatility of 0.1318 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6911 to the December average rate of 0.5748, the exchange rate registered a net change of -16.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6980 was down 15.03% compared to the 2018 peak of 0.8215, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,490 MKD

2018 Average 3,866 MKD

Yearly Trough Low 2,831 MKD

Transaction Impact: A difference of 658.84 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7030

0.5602

JanuMarcMayJulySeptNove

HTG 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 0.6446, compared to 0.5789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0657 points.

H1 Avg (Jan–Jun) 0.6446

H2 Avg (Jul–Dec) 0.5789

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.0373 MKD (High: 0.6926 / Low: 0.6554). On the other end, August was the most stable month, with a tight range of 0.0086 MKD (High: 0.5858 / Low: 0.5773).

February Spread (Volatile) ±0.0373

August Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0364 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.6911) against the same month in 2018 (average: 0.7826), the exchange rate shifted by -0.0915 (-11.69%).

2019 Avg (January) 0.6911

2018 Avg (January) 0.7826

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6980	0.6839	0.6911
February	0.6926	0.6554	0.6665
March	0.6631	0.6455	0.6531
April	0.6553	0.6380	0.6457
May	0.6405	0.6033	0.6240
June	0.6100	0.5772	0.5876
July	0.5853	0.5757	0.5814
August	0.5858	0.5773	0.5816
September	0.5891	0.5795	0.5845
October	0.5877	0.5695	0.5791
November	0.5756	0.5663	0.5721
December	0.5822	0.5691	0.5748