2019 KES to MKD Historical Review

YEARLY HIGH

0.5514 MKD

YEARLY LOW

0.5256 MKD

YEARLY AVERAGE

0.5389 MKD

2019 KES to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KES to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.5514. Conversely, the yearly low was recorded on July 24, dropping to 0.5256.

This high-to-low spread represents a total annual volatility of 0.0257 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5314 to the December average rate of 0.5457, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5514 was up 2.35% compared to the 2018 peak of 0.5387, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,757 MKD

2018 Average 2,576 MKD

Yearly Trough Low 2,628 MKD

Transaction Impact: A difference of 128.74 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5473

0.5284

JanuMarcMayJulySeptNove

KES 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 0.5396, compared to 0.5383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.5396

H2 Avg (Jul–Dec) 0.5383

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0169 MKD (High: 0.5460 / Low: 0.5290). On the other end, May was the most stable month, with a tight range of 0.0061 MKD (High: 0.5472 / Low: 0.5411).

June Spread (Volatile) ±0.0169

May Spread (Stable) ±0.0061

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 May and June, when the average rate fell by 0.0079 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.5457) against the same month in 2018 (average: 0.5294), the exchange rate shifted by +0.0163 (+3.07%).

2019 Avg (December) 0.5457

2018 Avg (December) 0.5294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5401	0.5260	0.5314
February	0.5468	0.5342	0.5415
March	0.5499	0.5358	0.5422
April	0.5459	0.5376	0.5419
May	0.5472	0.5411	0.5442
June	0.5460	0.5290	0.5363
July	0.5347	0.5256	0.5299
August	0.5385	0.5297	0.5351
September	0.5437	0.5349	0.5382
October	0.5420	0.5313	0.5367
November	0.5498	0.5337	0.5441
December	0.5514	0.5410	0.5457