YEARLY HIGH
0.8039 MKD
YEARLY LOW
0.7510 MKD
YEARLY AVERAGE
0.7806 MKD

2019 INR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the INR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.8039. Conversely, the yearly low was recorded on February 2, dropping to 0.7510.

This high-to-low spread represents a total annual volatility of 0.0530 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7639 to the December average rate of 0.7777, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8039 was down 0.87% compared to the 2018 peak of 0.8110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 200,981 MKD
2018 Average 190,845 MKD
Yearly Trough Low 187,743 MKD
Transaction Impact: A difference of 13,238.14 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7989
0.7589
JanuMarcMayJulySeptNove

INR 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 0.7787, compared to 0.7826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.7787
H2 Avg (Jul–Dec) 0.7826

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0359 MKD (High: 0.8006 / Low: 0.7648). On the other end, November was the most stable month, with a tight range of 0.0126 MKD (High: 0.7850 / Low: 0.7724).

August Spread (Volatile) ±0.0359
November Spread (Stable) ±0.0126

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, when the average rate fell by 0.0190 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.7956) against the same month in 2018 (average: 0.7672), the exchange rate shifted by +0.0284 (+3.70%).

2019 Avg (July) 0.7956
2018 Avg (July) 0.7672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7786 0.7577 0.7639
February 0.7723 0.7510 0.7623
March 0.7919 0.7609 0.7822
April 0.7984 0.7840 0.7891
May 0.7965 0.7757 0.7892
June 0.7951 0.7788 0.7854
July 0.8039 0.7865 0.7956
August 0.8006 0.7648 0.7766
September 0.7987 0.7707 0.7830
October 0.7930 0.7754 0.7837
November 0.7850 0.7724 0.7790
December 0.7846 0.7691 0.7777