2021 MKD to KGS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MKD to KGS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MKD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 1.6769. Conversely, the yearly low was recorded on November 24, dropping to 1.5414.
This high-to-low spread represents a total annual volatility of 0.1355 KGS. From a start-to-finish perspective, comparing the January average rate of 1.6508 to the December average rate of 1.5560, the exchange rate registered a net change of -5.74% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 1.6769 was up 0.09% compared to the 2020 peak of 1.6753, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.6512, compared to 1.5979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0533 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.0567 KGS (High: 1.5980 / Low: 1.5414). On the other end, December was the most stable month, with a tight range of 0.0150 KGS (High: 1.5615 / Low: 1.5465).
Growth Streaks & Declines
TrendsBetween March and May, 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 June and July, when the average rate fell by 0.0283 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 1.6665) against the same month in 2020 (average: 1.3537), the exchange rate shifted by +0.3128 (+23.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.6648 | 1.6380 | 1.6508 |
| February | 1.6726 | 1.6299 | 1.6536 |
| March | 1.6597 | 1.6126 | 1.6361 |
| April | 1.6715 | 1.6165 | 1.6461 |
| May | 1.6769 | 1.6525 | 1.6665 |
| June | 1.6758 | 1.6297 | 1.6542 |
| July | 1.6359 | 1.6142 | 1.6260 |
| August | 1.6362 | 1.6040 | 1.6172 |
| September | 1.6348 | 1.5938 | 1.6215 |
| October | 1.6077 | 1.5865 | 1.5970 |
| November | 1.5980 | 1.5414 | 1.5698 |
| December | 1.5615 | 1.5465 | 1.5560 |