2021 MKD to CAD Historical Review

YEARLY HIGH

0.0254 CAD

YEARLY LOW

0.0230 CAD

YEARLY AVERAGE

0.0241 CAD

2021 MKD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0254. Conversely, the yearly low was recorded on November 24, dropping to 0.0230.

This high-to-low spread represents a total annual volatility of 0.0024 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0235, the exchange rate registered a net change of -6.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0254 was down 1.57% compared to the 2020 peak of 0.0258, 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

2020 Average 124 CAD

Yearly Trough Low 115 CAD

Transaction Impact: A difference of 11.97 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0253

0.0231

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 0.0244, 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) 0.0244

H2 Avg (Jul–Dec) 0.0238

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0009 CAD (High: 0.0248 / Low: 0.0239). On the other end, June was the most stable month, with a tight range of 0.0004 CAD (High: 0.0242 / Low: 0.0238).

March Spread (Volatile) ±0.0009

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and September, 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 September and October, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0251) against the same month in 2020 (average: 0.0236), the exchange rate shifted by +0.0015 (+6.44%).

2021 Avg (January) 0.0251

2020 Avg (January) 0.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0254	0.0248	0.0251
February	0.0252	0.0247	0.0249
March	0.0248	0.0239	0.0243
April	0.0247	0.0239	0.0243
May	0.0241	0.0238	0.0239
June	0.0242	0.0238	0.0239
July	0.0244	0.0237	0.0240
August	0.0244	0.0238	0.0241
September	0.0244	0.0238	0.0242
October	0.0238	0.0233	0.0234
November	0.0235	0.0230	0.0233
December	0.0237	0.0231	0.0235