YEARLY HIGH
0.1463 HKD
YEARLY LOW
0.1389 HKD
YEARLY AVERAGE
0.1426 HKD

2019 MKD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1463. Conversely, the yearly low was recorded on September 26, dropping to 0.1389.

This high-to-low spread represents a total annual volatility of 0.0074 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1453 to the December average rate of 0.1410, 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 0.1463 was down 7.91% compared to the 2018 peak of 0.1589, 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 732 HKD
2018 Average 752 HKD
Yearly Trough Low 694 HKD
Transaction Impact: A difference of 37.07 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1458
0.1398
JanuMarcMayJulySeptNove

MKD to HKD 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 0.1439, compared to 0.1413 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1439
H2 Avg (Jul–Dec) 0.1413

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0030 HKD (High: 0.1419 / Low: 0.1389). On the other end, May was the most stable month, with a tight range of 0.0016 HKD (High: 0.1433 / Low: 0.1417).

September Spread (Volatile) ±0.0030
May Spread (Stable) ±0.0016

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 August and September, when the average rate fell by 0.0016 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1453) against the same month in 2018 (average: 0.1549), the exchange rate shifted by -0.0096 (-6.22%).

2019 Avg (January) 0.1453
2018 Avg (January) 0.1549

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1463 0.1446 0.1453
February 0.1462 0.1434 0.1446
March 0.1453 0.1432 0.1442
April 0.1445 0.1420 0.1432
May 0.1433 0.1417 0.1425
June 0.1446 0.1417 0.1436
July 0.1442 0.1418 0.1428
August 0.1434 0.1408 0.1419
September 0.1419 0.1389 0.1403
October 0.1423 0.1394 0.1409
November 0.1422 0.1400 0.1406
December 0.1420 0.1403 0.1410