2019 MKD to CLP Historical Review

YEARLY HIGH

15.3699 CLP

YEARLY LOW

11.9627 CLP

YEARLY AVERAGE

12.7955 CLP

2019 MKD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 15.3699. Conversely, the yearly low was recorded on February 26, dropping to 11.9627.

This high-to-low spread represents a total annual volatility of 3.4072 CLP. From a start-to-finish perspective, comparing the January average rate of 12.5094 to the December average rate of 13.8689, the exchange rate registered a net change of 10.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 15.3699 was up 17.11% compared to the 2018 peak of 13.1238, 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 76,849 CLP

2018 Average 61,505 CLP

Yearly Trough Low 59,813 CLP

Transaction Impact: A difference of 17,035.79 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

14.2475

11.8934

JanuMarcMayJulySeptNove

MKD to CLP 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 12.3894, compared to 13.2016 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8122 points.

H1 Avg (Jan–Jun) 12.3894

H2 Avg (Jul–Dec) 13.2016

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 2.0216 CLP (High: 15.3699 / Low: 13.3483). On the other end, February was the most stable month, with a tight range of 0.2214 CLP (High: 12.1841 / Low: 11.9627).

December Spread (Volatile) ±2.0216

February Spread (Stable) ±0.2214

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 0.4198 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4198

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 13.8689) against the same month in 2018 (average: 12.6540), the exchange rate shifted by +1.2149 (+9.60%).

2019 Avg (December) 13.8689

2018 Avg (December) 12.6540

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9349	12.2668	12.5094
February	12.1841	11.9627	12.0896
March	12.5564	12.0692	12.3232
April	12.3346	12.1018	12.1708
May	12.8439	12.2994	12.5633
June	12.8570	12.5092	12.6798
July	12.7513	12.4266	12.5621
August	13.1499	12.7321	12.9129
September	12.9941	12.6682	12.8563
October	13.4593	12.7226	12.9580
November	15.3599	13.3477	14.0513
December	15.3699	13.3483	13.8689