YEARLY HIGH
0.0152 GBP
YEARLY LOW
0.0134 GBP
YEARLY AVERAGE
0.0143 GBP

2019 MKD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 0.0152. Conversely, the yearly low was recorded on December 12, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0017 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0144 to the December average rate of 0.0138, the exchange rate registered a net change of -4.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0152 was up 2.60% compared to the 2018 peak of 0.0148, 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 76 GBP
2018 Average 72 GBP
Yearly Trough Low 67 GBP
Transaction Impact: A difference of 8.62 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0150
0.0137
JanuMarcMayJulySeptNove

MKD to GBP 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 0.0142, compared to 0.0143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0142
H2 Avg (Jul–Dec) 0.0143

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0009 GBP (High: 0.0148 / Low: 0.0140). On the other end, November was the most stable month, with a tight range of 0.0002 GBP (High: 0.0140 / Low: 0.0138).

January Spread (Volatile) ±0.0009
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0149) against the same month in 2018 (average: 0.0146), the exchange rate shifted by +0.0003 (+2.27%).

2019 Avg (August) 0.0149
2018 Avg (August) 0.0146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0148 0.0140 0.0144
February 0.0143 0.0139 0.0142
March 0.0141 0.0138 0.0140
April 0.0141 0.0138 0.0140
May 0.0144 0.0138 0.0141
June 0.0146 0.0143 0.0145
July 0.0149 0.0145 0.0147
August 0.0152 0.0147 0.0149
September 0.0148 0.0143 0.0145
October 0.0146 0.0140 0.0142
November 0.0140 0.0138 0.0139
December 0.0139 0.0134 0.0138