YEARLY HIGH
63.1431 COP
YEARLY LOW
56.6903 COP
YEARLY AVERAGE
59.6576 COP

2019 MKD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 63.1431. Conversely, the yearly low was recorded on April 10, dropping to 56.6903.

This high-to-low spread represents a total annual volatility of 6.4528 COP. From a start-to-finish perspective, comparing the January average rate of 58.6208 to the December average rate of 61.0135, the exchange rate registered a net change of 4.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 63.1431 was up 3.02% compared to the 2018 peak of 61.2905, 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 315,715 COP
2018 Average 283,332 COP
Yearly Trough Low 283,451 COP
Transaction Impact: A difference of 32,263.91 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

62.1797
56.9818
JanuMarcMayJulySeptNove

MKD to COP 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 58.4779, compared to 60.8372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3593 points.

H1 Avg (Jan–Jun) 58.4779
H2 Avg (Jul–Dec) 60.8372

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 4.1128 COP (High: 62.9911 / Low: 58.8783). On the other end, February was the most stable month, with a tight range of 1.0499 COP (High: 57.9521 / Low: 56.9022).

August Spread (Volatile) ±4.1128
February Spread (Stable) ±1.0499

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 1.2058 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.2058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 61.0135) against the same month in 2018 (average: 59.5741), the exchange rate shifted by +1.4394 (+2.42%).

2019 Avg (December) 61.0135
2018 Avg (December) 59.5741

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.9038 57.6954 58.6208
February 57.9521 56.9022 57.4150
March 58.1516 56.8577 57.4471
April 59.1722 56.6903 57.6622
May 61.3109 58.8761 60.0157
June 61.4581 58.1143 59.7068
July 60.2397 57.9926 58.6409
August 62.9911 58.8783 61.6036
September 62.0371 60.1277 60.8565
October 62.5104 60.8558 61.7466
November 62.7657 59.4368 61.1621
December 63.1431 59.4823 61.0135