2019 MKD to HRK Historical Review

YEARLY HIGH

0.1218 HRK

YEARLY LOW

0.1194 HRK

YEARLY AVERAGE

0.1206 HRK

2019 MKD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1218. Conversely, the yearly low was recorded on June 23, dropping to 0.1194.

This high-to-low spread represents a total annual volatility of 0.0024 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1205 to the December average rate of 0.1210, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1218 was down 0.71% compared to the 2018 peak of 0.1227, 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 609 HRK

2018 Average 602 HRK

Yearly Trough Low 597 HRK

Transaction Impact: A difference of 12.20 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1211

0.1201

JanuMarcMayJulySeptNove

MKD to HRK 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 0.1205, compared to 0.1206 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) 0.1205

H2 Avg (Jul–Dec) 0.1206

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0023 HRK (High: 0.1218 / Low: 0.1195). On the other end, November was the most stable month, with a tight range of 0.0005 HRK (High: 0.1212 / Low: 0.1207).

January Spread (Volatile) ±0.0023

November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1205) against the same month in 2018 (average: 0.1207), the exchange rate shifted by -0.0002 (-0.16%).

2019 Avg (January) 0.1205

2018 Avg (January) 0.1207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1218	0.1195	0.1205
February	0.1207	0.1198	0.1204
March	0.1216	0.1199	0.1207
April	0.1211	0.1201	0.1208
May	0.1208	0.1198	0.1204
June	0.1209	0.1194	0.1202
July	0.1213	0.1195	0.1205
August	0.1212	0.1195	0.1202
September	0.1210	0.1195	0.1204
October	0.1215	0.1201	0.1208
November	0.1212	0.1207	0.1209
December	0.1216	0.1203	0.1210