2019 MKD to KPW Historical Review

YEARLY HIGH

16.8008 KPW

YEARLY LOW

15.9474 KPW

YEARLY AVERAGE

16.3779 KPW

2019 MKD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 16.8008. Conversely, the yearly low was recorded on September 26, dropping to 15.9474.

This high-to-low spread represents a total annual volatility of 0.8534 KPW. From a start-to-finish perspective, comparing the January average rate of 16.6758 to the December average rate of 16.2600, 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 16.8008 was down 8.12% compared to the 2018 peak of 18.2852, 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 84,004 KPW

2018 Average 86,328 KPW

Yearly Trough Low 79,737 KPW

Transaction Impact: A difference of 4,267.04 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

16.7317

16.0608

JanuMarcMayJulySeptNove

MKD to KPW 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 16.5129, compared to 16.2429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2700 points.

H1 Avg (Jan–Jun) 16.5129

H2 Avg (Jul–Dec) 16.2429

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.3957 KPW (High: 16.6641 / Low: 16.2684). On the other end, May was the most stable month, with a tight range of 0.1686 KPW (High: 16.4308 / Low: 16.2622).

June Spread (Volatile) ±0.3957

May Spread (Stable) ±0.1686

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 0.1710 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 16.6758) against the same month in 2018 (average: 17.8315), the exchange rate shifted by -1.1557 (-6.48%).

2019 Avg (January) 16.6758

2018 Avg (January) 17.8315

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.8008	16.6109	16.6758
February	16.7697	16.4405	16.5844
March	16.6597	16.4157	16.5379
April	16.5813	16.2888	16.4280
May	16.4308	16.2622	16.3447
June	16.6641	16.2684	16.5069
July	16.6067	16.3105	16.4555
August	16.4564	16.1610	16.2846
September	16.2914	15.9474	16.1167
October	16.3262	15.9970	16.1748
November	16.3322	16.0959	16.1659
December	16.4123	16.1241	16.2600