YEARLY HIGH
0.1461 MKD
YEARLY LOW
0.1401 MKD
YEARLY AVERAGE
0.1435 MKD

2019 KZT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KZT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 23, valuing the pair at 0.1461. Conversely, the yearly low was recorded on February 3, dropping to 0.1401.

This high-to-low spread represents a total annual volatility of 0.0060 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1426 to the December average rate of 0.1441, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1461 was down 9.65% compared to the 2018 peak of 0.1617, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 730 MKD
2018 Average 757 MKD
Yearly Trough Low 700 MKD
Transaction Impact: A difference of 29.99 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1451
0.1421
JanuMarcMayJulySeptNove

KZT 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 0.1437, compared to 0.1433 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1437
H2 Avg (Jul–Dec) 0.1433

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 0.0056 MKD (High: 0.1457 / Low: 0.1401). On the other end, May was the most stable month, with a tight range of 0.0018 MKD (High: 0.1461 / Low: 0.1443).

February Spread (Volatile) ±0.0056
May Spread (Stable) ±0.0018

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 0.0022 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.1448) against the same month in 2018 (average: 0.1585), the exchange rate shifted by -0.0136 (-8.61%).

2019 Avg (May) 0.1448
2018 Avg (May) 0.1585

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1440 0.1401 0.1426
February 0.1457 0.1401 0.1438
March 0.1449 0.1429 0.1439
April 0.1456 0.1431 0.1443
May 0.1461 0.1443 0.1448
June 0.1449 0.1413 0.1426
July 0.1435 0.1411 0.1423
August 0.1440 0.1414 0.1429
September 0.1457 0.1432 0.1442
October 0.1452 0.1412 0.1429
November 0.1448 0.1414 0.1436
December 0.1458 0.1430 0.1441