2019 MKD to CZK Historical Review

YEARLY HIGH

0.4247 CZK

YEARLY LOW

0.4115 CZK

YEARLY AVERAGE

0.4172 CZK

2019 MKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.4247. Conversely, the yearly low was recorded on January 7, dropping to 0.4115.

This high-to-low spread represents a total annual volatility of 0.0132 CZK. From a start-to-finish perspective, comparing the January average rate of 0.4159 to the December average rate of 0.4144, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4247 was down 0.70% compared to the 2018 peak of 0.4277, 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 2,123 CZK

2018 Average 2,083 CZK

Yearly Trough Low 2,057 CZK

Transaction Impact: A difference of 65.92 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4212

0.4138

JanuMarcMayJulySeptNove

MKD to CZK 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 0.4170, compared to 0.4173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.4170

H2 Avg (Jul–Dec) 0.4173

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0112 CZK (High: 0.4227 / Low: 0.4115). On the other end, November was the most stable month, with a tight range of 0.0021 CZK (High: 0.4160 / Low: 0.4138).

January Spread (Volatile) ±0.0112

November Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0033 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.4199) against the same month in 2018 (average: 0.4172), the exchange rate shifted by +0.0027 (+0.66%).

2019 Avg (August) 0.4199

2018 Avg (August) 0.4172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4227	0.4115	0.4159
February	0.4206	0.4151	0.4175
March	0.4218	0.4146	0.4177
April	0.4191	0.4147	0.4172
May	0.4209	0.4164	0.4182
June	0.4190	0.4123	0.4155
July	0.4208	0.4134	0.4167
August	0.4247	0.4179	0.4199
September	0.4247	0.4177	0.4206
October	0.4201	0.4137	0.4173
November	0.4160	0.4138	0.4149
December	0.4164	0.4128	0.4144