YEARLY HIGH
0.0488 MKD
YEARLY LOW
0.0450 MKD
YEARLY AVERAGE
0.0472 MKD

2019 KRW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KRW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.0488. Conversely, the yearly low was recorded on August 12, dropping to 0.0450.

This high-to-low spread represents a total annual volatility of 0.0037 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0482 to the December average rate of 0.0472, the exchange rate registered a net change of -1.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0488 was down 1.10% compared to the 2018 peak of 0.0493, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 243,791 MKD
2018 Average 237,032 MKD
Yearly Trough Low 225,135 MKD
Transaction Impact: A difference of 18,655.61 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0486
0.0454
JanuMarcMayJulySeptNove

KRW 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 0.0476, compared to 0.0468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0476
H2 Avg (Jul–Dec) 0.0468

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0014 MKD (High: 0.0464 / Low: 0.0450). On the other end, July was the most stable month, with a tight range of 0.0006 MKD (High: 0.0468 / Low: 0.0462).

August Spread (Volatile) ±0.0014
July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0482) against the same month in 2018 (average: 0.0474), the exchange rate shifted by +0.0008 (+1.68%).

2019 Avg (January) 0.0482
2018 Avg (January) 0.0474

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0488 0.0477 0.0482
February 0.0487 0.0479 0.0483
March 0.0484 0.0476 0.0480
April 0.0484 0.0472 0.0480
May 0.0473 0.0461 0.0466
June 0.0471 0.0459 0.0465
July 0.0468 0.0462 0.0465
August 0.0464 0.0450 0.0457
September 0.0473 0.0460 0.0467
October 0.0475 0.0466 0.0471
November 0.0482 0.0473 0.0476
December 0.0478 0.0466 0.0472