YEARLY HIGH
0.2716 MKD
YEARLY LOW
0.2520 MKD
YEARLY AVERAGE
0.2626 MKD

2021 LKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.2716. Conversely, the yearly low was recorded on May 25, dropping to 0.2520.

This high-to-low spread represents a total annual volatility of 0.0196 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2645 to the December average rate of 0.2692, the exchange rate registered a net change of 1.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2716 was down 13.61% compared to the 2020 peak of 0.3143, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,358 MKD
2020 Average 1,458 MKD
Yearly Trough Low 1,260 MKD
Transaction Impact: A difference of 98.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2704
0.2558
JanuMarcMayJulySeptNove

LKR 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 0.2607, compared to 0.2644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.2607
H2 Avg (Jul–Dec) 0.2644

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0149 MKD (High: 0.2710 / Low: 0.2561). On the other end, December was the most stable month, with a tight range of 0.0027 MKD (High: 0.2703 / Low: 0.2676).

January Spread (Volatile) ±0.0149
December Spread (Stable) ±0.0027

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 April and May, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.2674) against the same month in 2020 (average: 0.2816), the exchange rate shifted by -0.0142 (-5.04%).

2021 Avg (November) 0.2674
2020 Avg (November) 0.2816

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2710 0.2561 0.2645
February 0.2663 0.2579 0.2620
March 0.2649 0.2588 0.2625
April 0.2666 0.2553 0.2607
May 0.2604 0.2520 0.2570
June 0.2607 0.2546 0.2577
July 0.2629 0.2592 0.2615
August 0.2644 0.2591 0.2624
September 0.2663 0.2578 0.2618
October 0.2674 0.2611 0.2644
November 0.2716 0.2630 0.2674
December 0.2703 0.2676 0.2692