2021 MKD to HRK Historical Review

YEARLY HIGH

0.1241 HRK

YEARLY LOW

0.1211 HRK

YEARLY AVERAGE

0.1222 HRK

2021 MKD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.1241. Conversely, the yearly low was recorded on August 28, dropping to 0.1211.

This high-to-low spread represents a total annual volatility of 0.0031 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1227 to the December average rate of 0.1221, the exchange rate registered a net change of -0.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1241 was down 1.38% compared to the 2020 peak of 0.1259, 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 621 HRK

2020 Average 612 HRK

Yearly Trough Low 605 HRK

Transaction Impact: A difference of 15.36 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1231

0.1215

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 0.1226, compared to 0.1219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1226

H2 Avg (Jul–Dec) 0.1219

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0022 HRK (High: 0.1241 / Low: 0.1219). On the other end, March was the most stable month, with a tight range of 0.0004 HRK (High: 0.1232 / Low: 0.1228).

February Spread (Volatile) ±0.0022

March Spread (Stable) ±0.0004

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 0.0007 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.1229) against the same month in 2020 (average: 0.1209), the exchange rate shifted by +0.0019 (+1.59%).

2021 Avg (February) 0.1229

2020 Avg (February) 0.1209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1232	0.1225	0.1227
February	0.1241	0.1219	0.1229
March	0.1232	0.1228	0.1230
April	0.1234	0.1221	0.1228
May	0.1234	0.1215	0.1221
June	0.1229	0.1214	0.1218
July	0.1223	0.1215	0.1218
August	0.1222	0.1211	0.1216
September	0.1224	0.1214	0.1218
October	0.1227	0.1215	0.1220
November	0.1226	0.1217	0.1221
December	0.1230	0.1214	0.1221