2019 KWD to MKD Historical Review

YEARLY HIGH

185.8513 MKD

YEARLY LOW

176.9014 MKD

YEARLY AVERAGE

180.8698 MKD

2019 KWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 185.8513. Conversely, the yearly low was recorded on January 9, dropping to 176.9014.

This high-to-low spread represents a total annual volatility of 8.9499 MKD. From a start-to-finish perspective, comparing the January average rate of 178.0403 to the December average rate of 182.3247, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 185.8513 was up 3.56% compared to the 2018 peak of 179.4633, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 929,256 MKD

2018 Average 863,556 MKD

Yearly Trough Low 884,507 MKD

Transaction Impact: A difference of 44,749.52 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

184.3622

177.4656

JanuMarcMayJulySeptNove

KWD 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 179.4008, compared to 182.3387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9380 points.

H1 Avg (Jan–Jun) 179.4008

H2 Avg (Jul–Dec) 182.3387

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 3.9833 MKD (High: 181.7612 / Low: 177.7779). On the other end, May was the most stable month, with a tight range of 1.6571 MKD (High: 181.7784 / Low: 180.1212).

June Spread (Volatile) ±3.9833

May Spread (Stable) ±1.6571

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 1.5299 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.5299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 183.7875) against the same month in 2018 (average: 174.5474), the exchange rate shifted by +9.2400 (+5.29%).

2019 Avg (September) 183.7875

2018 Avg (September) 174.5474

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	178.9529	176.9014	178.0403
February	180.1448	177.0548	178.7707
March	180.2960	177.8401	179.1427
April	181.4062	178.5905	180.0337
May	181.7784	180.1212	180.9735
June	181.7612	177.7779	179.4436
July	181.2095	178.4054	179.7379
August	183.4628	180.2828	181.7549
September	185.8513	182.4857	183.7875
October	184.9043	181.7241	183.1405
November	184.0954	181.6680	183.2870
December	183.5469	180.8623	182.3247