2019 MKD to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MKD to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MKD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 11.3740. Conversely, the yearly low was recorded on November 28, dropping to 10.0461.
This high-to-low spread represents a total annual volatility of 1.3279 CRC. From a start-to-finish perspective, comparing the January average rate of 11.1815 to the December average rate of 10.2430, the exchange rate registered a net change of -8.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 11.3740 was down 2.24% compared to the 2018 peak of 11.6342, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MKD to CRC Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.9912, compared to 10.3821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6091 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was November, with a trading range of 0.5177 CRC (High: 10.5639 / Low: 10.0461). On the other end, March was the most stable month, with a tight range of 0.2521 CRC (High: 11.2291 / Low: 10.9770).
Growth Streaks & Declines
TrendsBetween August and October, 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 July and August, when the average rate fell by 0.2560 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 11.2358) against the same month in 2018 (average: 11.4508), the exchange rate shifted by -0.2149 (-1.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.3631 | 11.0495 | 11.1815 |
| February | 11.3740 | 11.1204 | 11.2358 |
| March | 11.2291 | 10.9770 | 11.0854 |
| April | 11.0945 | 10.8243 | 10.9480 |
| May | 10.8585 | 10.5909 | 10.7494 |
| June | 10.8872 | 10.5806 | 10.7472 |
| July | 10.7709 | 10.3683 | 10.5572 |
| August | 10.4537 | 10.1820 | 10.3012 |
| September | 10.4153 | 10.1372 | 10.3452 |
| October | 10.5655 | 10.2987 | 10.4547 |
| November | 10.5639 | 10.0461 | 10.3914 |
| December | 10.4262 | 10.0579 | 10.2430 |