YEARLY HIGH
1.2831 KGS
YEARLY LOW
1.2331 KGS
YEARLY AVERAGE
1.2587 KGS

2019 MKD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 1.2831. Conversely, the yearly low was recorded on September 30, dropping to 1.2331.

This high-to-low spread represents a total annual volatility of 0.0500 KGS. From a start-to-finish perspective, comparing the January average rate of 1.2730 to the December average rate of 1.2583, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2831 was down 7.68% compared to the 2018 peak of 1.3898, 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 6,415 KGS
2018 Average 6,564 KGS
Yearly Trough Low 6,166 KGS
Transaction Impact: A difference of 249.92 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2755
1.2447
JanuMarcMayJulySeptNove

MKD to KGS 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 1.2605, compared to 1.2568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 1.2605
H2 Avg (Jul–Dec) 1.2568

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0411 KGS (High: 1.2831 / Low: 1.2420). On the other end, May was the most stable month, with a tight range of 0.0129 KGS (High: 1.2544 / Low: 1.2415).

June Spread (Volatile) ±0.0411
May Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between May and July, 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 0.0128 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 1.2611) against the same month in 2018 (average: 1.2985), the exchange rate shifted by -0.0374 (-2.88%).

2019 Avg (June) 1.2611
2018 Avg (June) 1.2985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2826 1.2677 1.2730
February 1.2800 1.2546 1.2655
March 1.2712 1.2532 1.2621
April 1.2658 1.2435 1.2538
May 1.2544 1.2415 1.2478
June 1.2831 1.2420 1.2611
July 1.2829 1.2617 1.2720
August 1.2733 1.2506 1.2601
September 1.2611 1.2331 1.2473
October 1.2634 1.2369 1.2518
November 1.2640 1.2460 1.2513
December 1.2674 1.2482 1.2583