2019 MKD to GHS Historical Review

YEARLY HIGH

0.2635 GHS

YEARLY LOW

0.0891 GHS

YEARLY AVERAGE

0.0980 GHS

2019 MKD to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.2635. Conversely, the yearly low was recorded on January 5, dropping to 0.0891.

This high-to-low spread represents a total annual volatility of 0.1743 GHS. From a start-to-finish perspective, comparing the January average rate of 0.0908 to the December average rate of 0.1029, the exchange rate registered a net change of 13.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2635 was up 175.84% compared to the 2018 peak of 0.0955, 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 1,317 GHS

2018 Average 449 GHS

Yearly Trough Low 446 GHS

Transaction Impact: A difference of 871.75 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1042

0.0896

JanuMarcMayJulySeptNove

MKD to GHS 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 0.0968, compared to 0.0992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0968

H2 Avg (Jul–Dec) 0.0992

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.1701 GHS (High: 0.2635 / Low: 0.0934). On the other end, November was the most stable month, with a tight range of 0.0016 GHS (High: 0.1004 / Low: 0.0988).

May Spread (Volatile) ±0.1701

November Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0998) against the same month in 2018 (average: 0.0878), the exchange rate shifted by +0.0121 (+13.78%).

2019 Avg (May) 0.0998

2018 Avg (May) 0.0878

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0926	0.0891	0.0908
February	0.1013	0.0926	0.0969
March	0.1038	0.0938	0.0996
April	0.0987	0.0925	0.0945
May	0.2635	0.0934	0.0998
June	0.1012	0.0974	0.0990
July	0.1000	0.0975	0.0985
August	0.0989	0.0970	0.0981
September	0.0989	0.0961	0.0982
October	0.0996	0.0955	0.0980
November	0.1004	0.0988	0.0996
December	0.1045	0.1005	0.1029