YEARLY HIGH
2.2036 DZD
YEARLY LOW
2.1369 DZD
YEARLY AVERAGE
2.1728 DZD

2019 MKD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 2.2036. Conversely, the yearly low was recorded on September 26, dropping to 2.1369.

This high-to-low spread represents a total annual volatility of 0.0668 DZD. From a start-to-finish perspective, comparing the January average rate of 2.1928 to the December average rate of 2.1609, the exchange rate registered a net change of -1.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.2036 was down 4.35% compared to the 2018 peak of 2.3039, 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 11,018 DZD
2018 Average 11,179 DZD
Yearly Trough Low 10,684 DZD
Transaction Impact: A difference of 333.83 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.1969
2.1483
JanuMarcMayJulySeptNove

MKD to DZD 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 2.1837, compared to 2.1619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 2.1837
H2 Avg (Jul–Dec) 2.1619

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0332 DZD (High: 2.1985 / Low: 2.1654). On the other end, May was the most stable month, with a tight range of 0.0145 DZD (High: 2.1774 / Low: 2.1628).

June Spread (Volatile) ±0.0332
May Spread (Stable) ±0.0145

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 August and September, when the average rate fell by 0.0147 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 2.1928) against the same month in 2018 (average: 2.2623), the exchange rate shifted by -0.0694 (-3.07%).

2019 Avg (January) 2.1928
2018 Avg (January) 2.2623

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2036 2.1805 2.1928
February 2.2020 2.1722 2.1862
March 2.2009 2.1782 2.1877
April 2.1929 2.1679 2.1789
May 2.1774 2.1628 2.1718
June 2.1985 2.1654 2.1850
July 2.1982 2.1690 2.1815
August 2.1783 2.1521 2.1671
September 2.1622 2.1369 2.1524
October 2.1659 2.1399 2.1546
November 2.1677 2.1472 2.1550
December 2.1723 2.1508 2.1609