2021 MKD to EGP Historical Review

YEARLY HIGH

0.3141 EGP

YEARLY LOW

0.2858 EGP

YEARLY AVERAGE

0.3015 EGP

2021 MKD to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.3141. Conversely, the yearly low was recorded on November 24, dropping to 0.2858.

This high-to-low spread represents a total annual volatility of 0.0284 EGP. From a start-to-finish perspective, comparing the January average rate of 0.3103 to the December average rate of 0.2884, the exchange rate registered a net change of -7.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3141 was up 0.05% compared to the 2020 peak of 0.3140, 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 1,571 EGP

2020 Average 1,465 EGP

Yearly Trough Low 1,429 EGP

Transaction Impact: A difference of 141.75 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3125

0.2862

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 0.3068, compared to 0.2962 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.3068

H2 Avg (Jul–Dec) 0.2962

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0109 EGP (High: 0.3087 / Low: 0.2978). On the other end, December was the most stable month, with a tight range of 0.0024 EGP (High: 0.2895 / Low: 0.2870).

April Spread (Volatile) ±0.0109

December Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0052 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.3103) against the same month in 2020 (average: 0.2871), the exchange rate shifted by +0.0233 (+8.11%).

2021 Avg (January) 0.3103

2020 Avg (January) 0.2871

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3141	0.3067	0.3103
February	0.3105	0.3046	0.3074
March	0.3076	0.2989	0.3031
April	0.3087	0.2978	0.3046
May	0.3119	0.3053	0.3089
June	0.3110	0.3023	0.3064
July	0.3038	0.2993	0.3012
August	0.3039	0.2975	0.2999
September	0.3030	0.2955	0.3005
October	0.2979	0.2939	0.2959
November	0.2964	0.2858	0.2910
December	0.2895	0.2870	0.2884