2019 MKD to CDF Historical Review

YEARLY HIGH

30.7429 CDF

YEARLY LOW

29.4606 CDF

YEARLY AVERAGE

30.0740 CDF

2019 MKD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 30.7429. Conversely, the yearly low was recorded on October 1, dropping to 29.4606.

This high-to-low spread represents a total annual volatility of 1.2823 CDF. From a start-to-finish perspective, comparing the January average rate of 30.2903 to the December average rate of 30.3205, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 30.7429 was down 6.35% compared to the 2018 peak of 32.8265, 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 153,715 CDF

2018 Average 155,318 CDF

Yearly Trough Low 147,303 CDF

Transaction Impact: A difference of 6,411.54 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

30.4061

29.7462

JanuMarcMayJulySeptNove

MKD to CDF 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 30.1111, compared to 30.0369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0743 points.

H1 Avg (Jan–Jun) 30.1111

H2 Avg (Jul–Dec) 30.0369

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.9116 CDF (High: 30.7429 / Low: 29.8313). On the other end, May was the most stable month, with a tight range of 0.2426 CDF (High: 29.9730 / Low: 29.7304).

December Spread (Volatile) ±0.9116

May Spread (Stable) ±0.2426

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.3663 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3663

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 30.3205) against the same month in 2018 (average: 30.0475), the exchange rate shifted by +0.2730 (+0.91%).

2019 Avg (December) 30.3205

2018 Avg (December) 30.0475

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.7373	30.0137	30.2903
February	30.5336	29.8486	30.1838
March	30.3898	29.7713	30.0736
April	30.2153	29.6094	29.9142
May	29.9730	29.7304	29.8632
June	30.6687	29.8309	30.3418
July	30.5978	30.0759	30.3511
August	30.3259	29.7441	29.9847
September	30.0282	29.4766	29.8012
October	30.1458	29.4606	29.8814
November	30.0290	29.7786	29.8824
December	30.7429	29.8313	30.3205