2021 MKD to CZK Historical Review

YEARLY HIGH

0.4286 CZK

YEARLY LOW

0.4017 CZK

YEARLY AVERAGE

0.4163 CZK

2021 MKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.4286. Conversely, the yearly low was recorded on December 31, dropping to 0.4017.

This high-to-low spread represents a total annual volatility of 0.0269 CZK. From a start-to-finish perspective, comparing the January average rate of 0.4242 to the December average rate of 0.4097, the exchange rate registered a net change of -3.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4286 was down 6.63% compared to the 2020 peak of 0.4590, 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 2,143 CZK

2020 Average 2,147 CZK

Yearly Trough Low 2,008 CZK

Transaction Impact: A difference of 134.60 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4262

0.4082

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 0.4197, compared to 0.4130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.4197

H2 Avg (Jul–Dec) 0.4130

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0129 CZK (High: 0.4286 / Low: 0.4157). On the other end, January was the most stable month, with a tight range of 0.0042 CZK (High: 0.4259 / Low: 0.4218).

February Spread (Volatile) ±0.0129

January Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0062 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.4199) against the same month in 2020 (average: 0.4069), the exchange rate shifted by +0.0129 (+3.17%).

2021 Avg (February) 0.4199

2020 Avg (February) 0.4069

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4259	0.4218	0.4242
February	0.4286	0.4157	0.4199
March	0.4285	0.4226	0.4247
April	0.4239	0.4163	0.4210
May	0.4227	0.4122	0.4148
June	0.4180	0.4113	0.4137
July	0.4196	0.4129	0.4160
August	0.4161	0.4106	0.4132
September	0.4160	0.4107	0.4126
October	0.4200	0.4101	0.4142
November	0.4163	0.4081	0.4122
December	0.4133	0.4017	0.4097