YEARLY HIGH
0.1973 MKD
YEARLY LOW
0.1830 MKD
YEARLY AVERAGE
0.1892 MKD

2019 HUF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HUF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1973. Conversely, the yearly low was recorded on November 27, dropping to 0.1830.

This high-to-low spread represents a total annual volatility of 0.0143 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1928 to the December average rate of 0.1859, the exchange rate registered a net change of -3.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1973 was down 1.36% compared to the 2018 peak of 0.2000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 197,326 MKD
2018 Average 193,156 MKD
Yearly Trough Low 182,999 MKD
Transaction Impact: A difference of 14,327.67 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1954
0.1835
JanuMarcMayJulySeptNove

HUF 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 0.1922, compared to 0.1863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.1922
H2 Avg (Jul–Dec) 0.1863

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0080 MKD (High: 0.1969 / Low: 0.1889). On the other end, April was the most stable month, with a tight range of 0.0025 MKD (High: 0.1928 / Low: 0.1903).

January Spread (Volatile) ±0.0080
April Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.1944) against the same month in 2018 (average: 0.1972), the exchange rate shifted by -0.0028 (-1.40%).

2019 Avg (March) 0.1944
2018 Avg (March) 0.1972

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1969 0.1889 0.1928
February 0.1950 0.1924 0.1937
March 0.1973 0.1915 0.1944
April 0.1928 0.1903 0.1915
May 0.1910 0.1881 0.1897
June 0.1926 0.1892 0.1909
July 0.1901 0.1860 0.1885
August 0.1901 0.1847 0.1880
September 0.1870 0.1834 0.1849
October 0.1876 0.1834 0.1858
November 0.1876 0.1830 0.1845
December 0.1876 0.1837 0.1859