YEARLY HIGH
0.0013 MKD
YEARLY LOW
0.0012 MKD
YEARLY AVERAGE
0.0013 MKD

2019 IRR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the IRR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0013. Conversely, the yearly low was recorded on January 9, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0001 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0013 to the December average rate of 0.0013, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0013 was down 6.92% compared to the 2018 peak of 0.0014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 MKD
2018 Average 6 MKD
Yearly Trough Low 6 MKD
Transaction Impact: A difference of 0.46 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0013
0.0013
JanuMarcMayJulySeptNove

IRR 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 0.0013, compared to 0.0013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0013
H2 Avg (Jul–Dec) 0.0013

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0000 MKD (High: 0.0013 / Low: 0.0013). On the other end, November was the most stable month, with a tight range of 0.0000 MKD (High: 0.0013 / Low: 0.0013).

June Spread (Volatile) ±0.0000
November Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.0013) against the same month in 2018 (average: 0.0012), the exchange rate shifted by +0.0001 (+8.28%).

2019 Avg (September) 0.0013
2018 Avg (September) 0.0012

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0013 0.0012 0.0013
February 0.0013 0.0013 0.0013
March 0.0013 0.0013 0.0013
April 0.0013 0.0013 0.0013
May 0.0013 0.0013 0.0013
June 0.0013 0.0013 0.0013
July 0.0013 0.0013 0.0013
August 0.0013 0.0013 0.0013
September 0.0013 0.0013 0.0013
October 0.0013 0.0013 0.0013
November 0.0013 0.0013 0.0013
December 0.0013 0.0013 0.0013