2021 KZT to MKD Historical Review

YEARLY HIGH

0.1271 MKD

YEARLY LOW

0.1175 MKD

YEARLY AVERAGE

0.1221 MKD

2021 KZT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KZT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.1271. Conversely, the yearly low was recorded on May 20, dropping to 0.1175.

This high-to-low spread represents a total annual volatility of 0.0096 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1203 to the December average rate of 0.1248, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1271 was down 16.31% compared to the 2020 peak of 0.1518, 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 635 MKD

2020 Average 655 MKD

Yearly Trough Low 588 MKD

Transaction Impact: A difference of 47.78 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1257

0.1178

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 0.1205, compared to 0.1237 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1205

H2 Avg (Jul–Dec) 0.1237

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0050 MKD (High: 0.1232 / Low: 0.1182). On the other end, December was the most stable month, with a tight range of 0.0013 MKD (High: 0.1255 / Low: 0.1242).

April Spread (Volatile) ±0.0050

December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.1251) against the same month in 2020 (average: 0.1214), the exchange rate shifted by +0.0037 (+3.05%).

2021 Avg (November) 0.1251

2020 Avg (November) 0.1214

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1217	0.1187	0.1203
February	0.1227	0.1204	0.1217
March	0.1241	0.1214	0.1231
April	0.1232	0.1182	0.1198
May	0.1203	0.1175	0.1185
June	0.1216	0.1176	0.1196
July	0.1230	0.1208	0.1220
August	0.1236	0.1215	0.1229
September	0.1248	0.1218	0.1228
October	0.1256	0.1233	0.1246
November	0.1271	0.1235	0.1251
December	0.1255	0.1242	0.1248