2019 MKD to IQD Historical Review

YEARLY HIGH

22.2821 IQD

YEARLY LOW

21.0861 IQD

YEARLY AVERAGE

21.6780 IQD

2019 MKD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 22.2821. Conversely, the yearly low was recorded on September 26, dropping to 21.0861.

This high-to-low spread represents a total annual volatility of 1.1960 IQD. From a start-to-finish perspective, comparing the January average rate of 22.0750 to the December average rate of 21.5253, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 22.2821 was down 7.68% compared to the 2018 peak of 24.1363, 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 111,410 IQD

2018 Average 114,140 IQD

Yearly Trough Low 105,430 IQD

Transaction Impact: A difference of 5,980.01 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

22.1499

21.2512

JanuMarcMayJulySeptNove

MKD to IQD 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 21.8579, compared to 21.4981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3597 points.

H1 Avg (Jan–Jun) 21.8579

H2 Avg (Jul–Dec) 21.4981

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.5541 IQD (High: 22.0646 / Low: 21.5105). On the other end, May was the most stable month, with a tight range of 0.2499 IQD (High: 21.7604 / Low: 21.5105).

June Spread (Volatile) ±0.5541

May Spread (Stable) ±0.2499

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 July and August, when the average rate fell by 0.2281 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 22.0750) against the same month in 2018 (average: 23.5448), the exchange rate shifted by -1.4697 (-6.24%).

2019 Avg (January) 22.0750

2018 Avg (January) 23.5448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.2821	21.9193	22.0750
February	22.2181	21.7562	21.9590
March	22.0632	21.7052	21.8837
April	21.9791	21.5374	21.7519
May	21.7604	21.5105	21.6369
June	22.0646	21.5105	21.8406
July	22.0771	21.5914	21.7801
August	21.7664	21.3684	21.5519
September	21.4805	21.0861	21.3261
October	21.6295	21.1453	21.4039
November	21.5945	21.2974	21.4016
December	21.7395	21.3405	21.5253