2021 MKD to GTQ Historical Review

YEARLY HIGH

0.1559 GTQ

YEARLY LOW

0.1407 GTQ

YEARLY AVERAGE

0.1486 GTQ

2021 MKD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1559. Conversely, the yearly low was recorded on November 24, dropping to 0.1407.

This high-to-low spread represents a total annual volatility of 0.0152 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1539 to the December average rate of 0.1418, the exchange rate registered a net change of -7.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1559 was up 0.17% compared to the 2020 peak of 0.1556, 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 779 GTQ

2020 Average 715 GTQ

Yearly Trough Low 703 GTQ

Transaction Impact: A difference of 75.80 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1551

0.1406

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 0.1513, compared to 0.1459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.1513

H2 Avg (Jul–Dec) 0.1459

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0052 GTQ (High: 0.1521 / Low: 0.1469). On the other end, December was the most stable month, with a tight range of 0.0010 GTQ (High: 0.1424 / Low: 0.1413).

April Spread (Volatile) ±0.0052

December Spread (Stable) ±0.0010

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 February and March, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1539) against the same month in 2020 (average: 0.1390), the exchange rate shifted by +0.0149 (+10.72%).

2021 Avg (January) 0.1539

2020 Avg (January) 0.1390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1559	0.1527	0.1539
February	0.1528	0.1510	0.1520
March	0.1511	0.1468	0.1490
April	0.1521	0.1469	0.1498
May	0.1536	0.1504	0.1521
June	0.1533	0.1494	0.1513
July	0.1499	0.1479	0.1487
August	0.1499	0.1468	0.1479
September	0.1494	0.1455	0.1480
October	0.1467	0.1448	0.1457
November	0.1458	0.1407	0.1433
December	0.1424	0.1413	0.1418