YEARLY HIGH
0.0254 CAD
YEARLY LOW
0.0235 CAD
YEARLY AVERAGE
0.0241 CAD

2019 MKD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0254. Conversely, the yearly low was recorded on September 30, dropping to 0.0235.

This high-to-low spread represents a total annual volatility of 0.0019 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0246 to the December average rate of 0.0238, the exchange rate registered a net change of -3.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0254 was down 3.30% compared to the 2018 peak of 0.0262, 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 127 CAD
2018 Average 124 CAD
Yearly Trough Low 117 CAD
Transaction Impact: A difference of 9.42 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0247
0.0236
JanuMarcMayJulySeptNove

MKD to CAD 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 0.0245, compared to 0.0238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0245
H2 Avg (Jul–Dec) 0.0238

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0011 CAD (High: 0.0254 / Low: 0.0243). On the other end, November was the most stable month, with a tight range of 0.0003 CAD (High: 0.0240 / Low: 0.0237).

January Spread (Volatile) ±0.0011
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0246) against the same month in 2018 (average: 0.0246), the exchange rate shifted by +0.0000 (+0.07%).

2019 Avg (January) 0.0246
2018 Avg (January) 0.0246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0254 0.0243 0.0246
February 0.0245 0.0242 0.0243
March 0.0248 0.0243 0.0246
April 0.0246 0.0243 0.0244
May 0.0246 0.0243 0.0244
June 0.0247 0.0242 0.0244
July 0.0242 0.0238 0.0240
August 0.0243 0.0238 0.0240
September 0.0240 0.0235 0.0237
October 0.0238 0.0235 0.0237
November 0.0240 0.0237 0.0238
December 0.0240 0.0236 0.0238