2019 ISK to MKD Historical Review

YEARLY HIGH

0.4653 MKD

YEARLY LOW

0.4312 MKD

YEARLY AVERAGE

0.4485 MKD

2019 ISK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ISK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 17, valuing the pair at 0.4653. Conversely, the yearly low was recorded on June 15, dropping to 0.4312.

This high-to-low spread represents a total annual volatility of 0.0341 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4510 to the December average rate of 0.4536, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4653 was down 8.63% compared to the 2018 peak of 0.5092, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,326 MKD

2018 Average 2,417 MKD

Yearly Trough Low 2,156 MKD

Transaction Impact: A difference of 170.50 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4565

0.4357

JanuMarcMayJulySeptNove

ISK 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 0.4498, compared to 0.4473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.4498

H2 Avg (Jul–Dec) 0.4473

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0249 MKD (High: 0.4565 / Low: 0.4316). On the other end, May was the most stable month, with a tight range of 0.0099 MKD (High: 0.4534 / Low: 0.4435).

July Spread (Volatile) ±0.0249

May Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0110 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.4541) against the same month in 2018 (average: 0.5019), the exchange rate shifted by -0.0478 (-9.53%).

2019 Avg (March) 0.4541

2018 Avg (March) 0.5019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4618	0.4441	0.4510
February	0.4607	0.4481	0.4529
March	0.4653	0.4466	0.4541
April	0.4607	0.4468	0.4548
May	0.4534	0.4435	0.4484
June	0.4473	0.4312	0.4374
July	0.4565	0.4316	0.4389
August	0.4524	0.4406	0.4467
September	0.4579	0.4370	0.4473
October	0.4550	0.4414	0.4468
November	0.4603	0.4462	0.4507
December	0.4603	0.4470	0.4536