YEARLY HIGH
0.9667 DOP
YEARLY LOW
0.9130 DOP
YEARLY AVERAGE
0.9342 DOP

2019 MKD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.9667. Conversely, the yearly low was recorded on May 25, dropping to 0.9130.

This high-to-low spread represents a total annual volatility of 0.0537 DOP. From a start-to-finish perspective, comparing the January average rate of 0.9353 to the December average rate of 0.9581, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9667 was down 3.38% compared to the 2018 peak of 1.0005, 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 4,833 DOP
2018 Average 4,756 DOP
Yearly Trough Low 4,565 DOP
Transaction Impact: A difference of 268.27 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9619
0.9169
JanuMarcMayJulySeptNove

MKD to DOP 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 0.9297, compared to 0.9387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.9297
H2 Avg (Jul–Dec) 0.9387

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0450 DOP (High: 0.9580 / Low: 0.9130). On the other end, September was the most stable month, with a tight range of 0.0132 DOP (High: 0.9267 / Low: 0.9135).

May Spread (Volatile) ±0.0450
September Spread (Stable) ±0.0132

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0062 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.9581) against the same month in 2018 (average: 0.9313), the exchange rate shifted by +0.0268 (+2.88%).

2019 Avg (December) 0.9581
2018 Avg (December) 0.9313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9429 0.9289 0.9353
February 0.9420 0.9230 0.9322
March 0.9399 0.9226 0.9309
April 0.9325 0.9167 0.9251
May 0.9580 0.9130 0.9207
June 0.9580 0.9189 0.9337
July 0.9386 0.9250 0.9315
August 0.9334 0.9186 0.9252
September 0.9267 0.9135 0.9220
October 0.9619 0.9242 0.9469
November 0.9581 0.9442 0.9486
December 0.9667 0.9448 0.9581