2019 MKD to ISK Historical Review

YEARLY HIGH

2.3194 ISK

YEARLY LOW

2.1494 ISK

YEARLY AVERAGE

2.2300 ISK

2019 MKD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 2.3194. Conversely, the yearly low was recorded on March 17, dropping to 2.1494.

This high-to-low spread represents a total annual volatility of 0.1700 ISK. From a start-to-finish perspective, comparing the January average rate of 2.2175 to the December average rate of 2.2047, the exchange rate registered a net change of -0.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.3194 was up 0.69% compared to the 2018 peak of 2.3035, 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 11,597 ISK

2018 Average 10,364 ISK

Yearly Trough Low 10,747 ISK

Transaction Impact: A difference of 849.97 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2952

2.1903

JanuMarcMayJulySeptNove

MKD to ISK 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 2.2240, compared to 2.2359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 2.2240

H2 Avg (Jul–Dec) 2.2359

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.1263 ISK (High: 2.3168 / Low: 2.1905). On the other end, May was the most stable month, with a tight range of 0.0491 ISK (High: 2.2547 / Low: 2.2056).

July Spread (Volatile) ±0.1263

May Spread (Stable) ±0.0491

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 July and August, when the average rate fell by 0.0400 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 2.2865) against the same month in 2018 (average: 2.0300), the exchange rate shifted by +0.2564 (+12.63%).

2019 Avg (June) 2.2865

2018 Avg (June) 2.0300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2518	2.1655	2.2175
February	2.2317	2.1705	2.2081
March	2.2389	2.1494	2.2027
April	2.2379	2.1708	2.1990
May	2.2547	2.2056	2.2302
June	2.3194	2.2355	2.2865
July	2.3168	2.1905	2.2788
August	2.2695	2.2105	2.2388
September	2.2882	2.1838	2.2362
October	2.2656	2.1979	2.2383
November	2.2411	2.1726	2.2188
December	2.2371	2.1723	2.2047