YEARLY HIGH
0.8110 MKD
YEARLY LOW
0.7794 MKD
YEARLY AVERAGE
0.7945 MKD

2019 KGS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KGS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.8110. Conversely, the yearly low was recorded on June 29, dropping to 0.7794.

This high-to-low spread represents a total annual volatility of 0.0316 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7856 to the December average rate of 0.7947, the exchange rate registered a net change of 1.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8110 was up 1.77% compared to the 2018 peak of 0.7968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,055 MKD
2018 Average 3,812 MKD
Yearly Trough Low 3,897 MKD
Transaction Impact: A difference of 157.96 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8034
0.7840
JanuMarcMayJulySeptNove

KGS 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 0.7934, compared to 0.7957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.7934
H2 Avg (Jul–Dec) 0.7957

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0258 MKD (High: 0.8052 / Low: 0.7794). On the other end, May was the most stable month, with a tight range of 0.0083 MKD (High: 0.8055 / Low: 0.7972).

June Spread (Volatile) ±0.0258
May Spread (Stable) ±0.0083

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 0.0084 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.8018) against the same month in 2018 (average: 0.7758), the exchange rate shifted by +0.0260 (+3.35%).

2019 Avg (September) 0.8018
2018 Avg (September) 0.7758

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7888 0.7797 0.7856
February 0.7971 0.7813 0.7902
March 0.7979 0.7867 0.7923
April 0.8042 0.7900 0.7976
May 0.8055 0.7972 0.8014
June 0.8052 0.7794 0.7930
July 0.7926 0.7795 0.7862
August 0.7996 0.7853 0.7936
September 0.8110 0.7929 0.8018
October 0.8085 0.7915 0.7989
November 0.8026 0.7912 0.7992
December 0.8012 0.7890 0.7947