YEARLY HIGH
0.3346 EGP
YEARLY LOW
0.2883 EGP
YEARLY AVERAGE
0.3062 EGP

2019 MKD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.3346. Conversely, the yearly low was recorded on November 28, dropping to 0.2883.

This high-to-low spread represents a total annual volatility of 0.0463 EGP. From a start-to-finish perspective, comparing the January average rate of 0.3312 to the December average rate of 0.2906, the exchange rate registered a net change of -12.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3346 was down 6.68% compared to the 2018 peak of 0.3586, 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 1,673 EGP
2018 Average 1,708 EGP
Yearly Trough Low 1,441 EGP
Transaction Impact: A difference of 231.49 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3354
0.2855
JanuMarcMayJulySeptNove

MKD to EGP 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 0.3175, compared to 0.2948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0227 points.

H1 Avg (Jan–Jun) 0.3175
H2 Avg (Jul–Dec) 0.2948

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0110 EGP (High: 0.3130 / Low: 0.3020). On the other end, December was the most stable month, with a tight range of 0.0041 EGP (High: 0.2929 / Low: 0.2888).

May Spread (Volatile) ±0.0110
December Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0074 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.3312) against the same month in 2018 (average: 0.3507), the exchange rate shifted by -0.0195 (-5.56%).

2019 Avg (January) 0.3312
2018 Avg (January) 0.3507

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3346 0.3256 0.3312
February 0.3288 0.3203 0.3238
March 0.3241 0.3160 0.3193
April 0.3188 0.3103 0.3149
May 0.3130 0.3020 0.3091
June 0.3092 0.3020 0.3068
July 0.3083 0.2999 0.3036
August 0.3031 0.2963 0.2997
September 0.2988 0.2885 0.2934
October 0.2951 0.2893 0.2918
November 0.2929 0.2883 0.2897
December 0.2929 0.2888 0.2906