YEARLY HIGH
0.1448 GTQ
YEARLY LOW
0.1368 GTQ
YEARLY AVERAGE
0.1401 GTQ

2019 MKD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1448. Conversely, the yearly low was recorded on September 3, dropping to 0.1368.

This high-to-low spread represents a total annual volatility of 0.0080 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1432 to the December average rate of 0.1389, the exchange rate registered a net change of -2.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1448 was down 3.36% compared to the 2018 peak of 0.1499, 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 724 GTQ
2018 Average 721 GTQ
Yearly Trough Low 684 GTQ
Transaction Impact: A difference of 40.17 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1437
0.1374
JanuMarcMayJulySeptNove

MKD to GTQ 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 0.1412, compared to 0.1390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1412
H2 Avg (Jul–Dec) 0.1390

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0039 GTQ (High: 0.1409 / Low: 0.1370). On the other end, May was the most stable month, with a tight range of 0.0011 GTQ (High: 0.1399 / Low: 0.1387).

October Spread (Volatile) ±0.0039
May Spread (Stable) ±0.0011

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 March and April, when the average rate fell by 0.0017 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.1427) against the same month in 2018 (average: 0.1476), the exchange rate shifted by -0.0048 (-3.28%).

2019 Avg (February) 0.1427
2018 Avg (February) 0.1476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1443 0.1419 0.1432
February 0.1448 0.1416 0.1427
March 0.1427 0.1401 0.1413
April 0.1410 0.1381 0.1396
May 0.1399 0.1387 0.1393
June 0.1426 0.1390 0.1413
July 0.1428 0.1393 0.1405
August 0.1400 0.1379 0.1388
September 0.1388 0.1368 0.1379
October 0.1409 0.1370 0.1394
November 0.1399 0.1377 0.1384
December 0.1405 0.1377 0.1389