2019 LBP to MKD Historical Review

YEARLY HIGH

0.0374 MKD

YEARLY LOW

0.0355 MKD

YEARLY AVERAGE

0.0364 MKD

2019 LBP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the LBP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0374. Conversely, the yearly low was recorded on January 10, dropping to 0.0355.

This high-to-low spread represents a total annual volatility of 0.0019 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0358 to the December average rate of 0.0366, the exchange rate registered a net change of 2.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0374 was up 3.25% compared to the 2018 peak of 0.0362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 187 MKD

2018 Average 172 MKD

Yearly Trough Low 177 MKD

Transaction Impact: A difference of 9.40 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0371

0.0356

JanuMarcMayJulySeptNove

LBP 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 0.0361, compared to 0.0367 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0361

H2 Avg (Jul–Dec) 0.0367

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0011 MKD (High: 0.0367 / Low: 0.0356). On the other end, September was the most stable month, with a tight range of 0.0006 MKD (High: 0.0374 / Low: 0.0368).

May Spread (Volatile) ±0.0011

September Spread (Stable) ±0.0006

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 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.0370) against the same month in 2018 (average: 0.0349), the exchange rate shifted by +0.0021 (+5.94%).

2019 Avg (September) 0.0370

2018 Avg (September) 0.0349

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0361	0.0355	0.0358
February	0.0363	0.0355	0.0360
March	0.0364	0.0358	0.0361
April	0.0367	0.0360	0.0363
May	0.0367	0.0356	0.0364
June	0.0367	0.0358	0.0361
July	0.0366	0.0358	0.0362
August	0.0369	0.0363	0.0366
September	0.0374	0.0368	0.0370
October	0.0373	0.0365	0.0368
November	0.0370	0.0364	0.0368
December	0.0370	0.0362	0.0366