YEARLY HIGH
0.1228 DKK
YEARLY LOW
0.1201 DKK
YEARLY AVERAGE
0.1213 DKK

2019 MKD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 26, valuing the pair at 0.1228. Conversely, the yearly low was recorded on January 30, dropping to 0.1201.

This high-to-low spread represents a total annual volatility of 0.0027 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1211 to the December average rate of 0.1215, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1228 was down 0.84% compared to the 2018 peak of 0.1238, 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 614 DKK
2018 Average 605 DKK
Yearly Trough Low 600 DKK
Transaction Impact: A difference of 13.32 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1218
0.1211
JanuMarcMayJulySeptNove

MKD to DKK 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 0.1212, compared to 0.1215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1212
H2 Avg (Jul–Dec) 0.1215

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0024 DKK (High: 0.1225 / Low: 0.1201). On the other end, November was the most stable month, with a tight range of 0.0003 DKK (High: 0.1215 / Low: 0.1213).

January Spread (Volatile) ±0.0024
November Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.1217) against the same month in 2018 (average: 0.1210), the exchange rate shifted by +0.0008 (+0.63%).

2019 Avg (July) 0.1217
2018 Avg (July) 0.1210

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1225 0.1201 0.1211
February 0.1216 0.1205 0.1212
March 0.1222 0.1206 0.1214
April 0.1217 0.1209 0.1213
May 0.1216 0.1206 0.1212
June 0.1224 0.1202 0.1212
July 0.1228 0.1206 0.1217
August 0.1224 0.1206 0.1213
September 0.1226 0.1206 0.1214
October 0.1218 0.1209 0.1214
November 0.1215 0.1213 0.1214
December 0.1221 0.1209 0.1215