2021 MKD to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MKD to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MKD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 44.0285. Conversely, the yearly low was recorded on June 17, dropping to 7.8752.
This high-to-low spread represents a total annual volatility of 36.1533 KMF. From a start-to-finish perspective, comparing the January average rate of 7.9888 to the December average rate of 9.1577, the exchange rate registered a net change of 14.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 44.0285 was down 89.10% compared to the 2020 peak of 404.1042, 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 KMF 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 7.9928, compared to 8.1864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1936 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 36.0639 KMF (High: 44.0285 / Low: 7.9646). On the other end, October was the most stable month, with a tight range of 0.0537 KMF (High: 8.0105 / Low: 7.9568).
Growth Streaks & Declines
TrendsBetween February and April, 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 September and October, when the average rate fell by 0.0308 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 9.1577) against the same month in 2020 (average: 20.7688), the exchange rate shifted by -11.6111 (-55.91%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.0082 | 7.9332 | 7.9888 |
| February | 8.0073 | 7.9451 | 7.9846 |
| March | 8.0397 | 7.9022 | 7.9892 |
| April | 8.0987 | 7.9641 | 8.0142 |
| May | 8.0250 | 7.9307 | 7.9959 |
| June | 8.0143 | 7.8752 | 7.9842 |
| July | 8.0455 | 7.9752 | 7.9970 |
| August | 8.0469 | 7.8983 | 7.9698 |
| September | 8.0841 | 7.9698 | 8.0212 |
| October | 8.0105 | 7.9568 | 7.9904 |
| November | 8.0300 | 7.9154 | 7.9821 |
| December | 44.0285 | 7.9646 | 9.1577 |