YEARLY HIGH
0.0340 AWG
YEARLY LOW
0.0319 AWG
YEARLY AVERAGE
0.0328 AWG

2019 MKD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0340. Conversely, the yearly low was recorded on September 26, dropping to 0.0319.

This high-to-low spread represents a total annual volatility of 0.0021 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0334 to the December average rate of 0.0325, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0340 was down 6.70% compared to the 2018 peak of 0.0364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 170 AWG
2018 Average 172 AWG
Yearly Trough Low 159 AWG
Transaction Impact: A difference of 10.38 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0335
0.0321
JanuMarcMayJulySeptNove

MKD to AWG 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 0.0330, compared to 0.0325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0330
H2 Avg (Jul–Dec) 0.0325

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0011 AWG (High: 0.0340 / Low: 0.0328). On the other end, May was the most stable month, with a tight range of 0.0004 AWG (High: 0.0329 / Low: 0.0325).

March Spread (Volatile) ±0.0011
May Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.0331) against the same month in 2018 (average: 0.0358), the exchange rate shifted by -0.0026 (-7.39%).

2019 Avg (March) 0.0331
2018 Avg (March) 0.0358

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0336 0.0332 0.0334
February 0.0335 0.0329 0.0332
March 0.0340 0.0328 0.0331
April 0.0332 0.0326 0.0329
May 0.0329 0.0325 0.0327
June 0.0333 0.0325 0.0330
July 0.0332 0.0326 0.0329
August 0.0329 0.0323 0.0326
September 0.0326 0.0319 0.0322
October 0.0327 0.0320 0.0324
November 0.0327 0.0322 0.0323
December 0.0328 0.0322 0.0325