2019 MKD to INR Historical Review

YEARLY HIGH

1.3316 INR

YEARLY LOW

1.2439 INR

YEARLY AVERAGE

1.2813 INR

2019 MKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.3316. Conversely, the yearly low was recorded on July 10, dropping to 1.2439.

This high-to-low spread represents a total annual volatility of 0.0877 INR. From a start-to-finish perspective, comparing the January average rate of 1.3092 to the December average rate of 1.2858, the exchange rate registered a net change of -1.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.3316 was down 4.52% compared to the 2018 peak of 1.3947, 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 6,658 INR

2018 Average 6,554 INR

Yearly Trough Low 6,220 INR

Transaction Impact: A difference of 438.55 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.3174

1.2515

JanuMarcMayJulySeptNove

MKD to INR 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 1.2846, compared to 1.2780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 1.2846

H2 Avg (Jul–Dec) 1.2780

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0586 INR (High: 1.3076 / Low: 1.2490). On the other end, November was the most stable month, with a tight range of 0.0208 INR (High: 1.2947 / Low: 1.2739).

August Spread (Volatile) ±0.0586

November Spread (Stable) ±0.0208

Growth Streaks & Declines

Trends

Between October and December, 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 0.0333 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1.3119) against the same month in 2018 (average: 1.2920), the exchange rate shifted by +0.0199 (+1.54%).

2019 Avg (February) 1.3119

2018 Avg (February) 1.2920

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3198	1.2844	1.3092
February	1.3316	1.2948	1.3119
March	1.3143	1.2627	1.2787
April	1.2754	1.2525	1.2672
May	1.2891	1.2555	1.2671
June	1.2840	1.2577	1.2734
July	1.2714	1.2439	1.2570
August	1.3076	1.2490	1.2878
September	1.2975	1.2520	1.2773
October	1.2896	1.2611	1.2761
November	1.2947	1.2739	1.2837
December	1.3002	1.2745	1.2858