2019 MKD to IDR Historical Review

YEARLY HIGH

267.4857 IDR

YEARLY LOW

250.0048 IDR

YEARLY AVERAGE

257.2258 IDR

2019 MKD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 267.4857. Conversely, the yearly low was recorded on September 12, dropping to 250.0048.

This high-to-low spread represents a total annual volatility of 17.4809 IDR. From a start-to-finish perspective, comparing the January average rate of 262.2083 to the December average rate of 252.7273, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 267.4857 was down 6.65% compared to the 2018 peak of 286.5306, 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 1,337,429 IDR

2018 Average 1,357,842 IDR

Yearly Trough Low 1,250,024 IDR

Transaction Impact: A difference of 87,404.63 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

263.1953

251.3507

JanuMarcMayJulySeptNove

MKD to IDR 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 260.3098, compared to 254.1418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.1680 points.

H1 Avg (Jan–Jun) 260.3098

H2 Avg (Jul–Dec) 254.1418

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 9.1471 IDR (High: 261.0300 / Low: 251.8828). On the other end, December was the most stable month, with a tight range of 2.9935 IDR (High: 254.2727 / Low: 251.2792).

August Spread (Volatile) ±9.1471

December Spread (Stable) ±2.9935

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 4.9397 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.9397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 262.2083) against the same month in 2018 (average: 265.6962), the exchange rate shifted by -3.4879 (-1.31%).

2019 Avg (January) 262.2083

2018 Avg (January) 265.6962

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	267.4857	258.4503	262.2083
February	262.1333	257.0446	258.5174
March	264.5053	259.3481	261.2645
April	260.0959	256.0547	258.0286
May	263.4914	258.0882	260.8229
June	263.0881	257.9788	261.0173
July	261.9863	254.1051	256.5708
August	261.0300	251.8828	257.2774
September	255.3738	250.0048	252.3377
October	256.6602	251.4790	253.4964
November	254.4459	250.8191	252.4412
December	254.2727	251.2792	252.7273