2019 IQD to MKD Historical Review

YEARLY HIGH

0.0474 MKD

YEARLY LOW

0.0449 MKD

YEARLY AVERAGE

0.0461 MKD

2019 IQD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the IQD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0474. Conversely, the yearly low was recorded on January 9, dropping to 0.0449.

This high-to-low spread represents a total annual volatility of 0.0025 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0453 to the December average rate of 0.0465, the exchange rate registered a net change of 2.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0474 was up 3.52% compared to the 2018 peak of 0.0458, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 237 MKD

2018 Average 219 MKD

Yearly Trough Low 224 MKD

Transaction Impact: A difference of 12.73 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0471

0.0451

JanuMarcMayJulySeptNove

IQD 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 0.0458, compared to 0.0465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0458

H2 Avg (Jul–Dec) 0.0465

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0012 MKD (High: 0.0465 / Low: 0.0453). On the other end, May was the most stable month, with a tight range of 0.0005 MKD (High: 0.0465 / Low: 0.0460).

June Spread (Volatile) ±0.0012

May Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.0469) against the same month in 2018 (average: 0.0443), the exchange rate shifted by +0.0026 (+5.78%).

2019 Avg (September) 0.0469

2018 Avg (September) 0.0443

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0456	0.0449	0.0453
February	0.0460	0.0450	0.0455
March	0.0461	0.0453	0.0457
April	0.0464	0.0455	0.0460
May	0.0465	0.0460	0.0462
June	0.0465	0.0453	0.0458
July	0.0463	0.0453	0.0459
August	0.0468	0.0459	0.0464
September	0.0474	0.0466	0.0469
October	0.0473	0.0462	0.0467
November	0.0470	0.0463	0.0467
December	0.0469	0.0460	0.0465