2019 MKD to KRW Historical Review

YEARLY HIGH

22.2089 KRW

YEARLY LOW

20.5094 KRW

YEARLY AVERAGE

21.1948 KRW

2019 MKD to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 12, valuing the pair at 22.2089. Conversely, the yearly low was recorded on January 30, dropping to 20.5094.

This high-to-low spread represents a total annual volatility of 1.6995 KRW. From a start-to-finish perspective, comparing the January average rate of 20.7665 to the December average rate of 21.1757, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 22.2089 was up 0.59% compared to the 2018 peak of 22.0787, 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 111,044 KRW

2018 Average 105,498 KRW

Yearly Trough Low 102,547 KRW

Transaction Impact: A difference of 8,497.46 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

22.0182

20.5700

JanuMarcMayJulySeptNove

MKD to KRW 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 21.0175, compared to 21.3722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3547 points.

H1 Avg (Jan–Jun) 21.0175

H2 Avg (Jul–Dec) 21.3722

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.6660 KRW (High: 22.2089 / Low: 21.5429). On the other end, July was the most stable month, with a tight range of 0.2779 KRW (High: 21.6656 / Low: 21.3877).

August Spread (Volatile) ±0.6660

July Spread (Stable) ±0.2779

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.5033 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.5033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 21.8975) against the same month in 2018 (average: 21.0058), the exchange rate shifted by +0.8917 (+4.24%).

2019 Avg (August) 21.8975

2018 Avg (August) 21.0058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.9432	20.5094	20.7665
February	20.8557	20.5550	20.6906
March	21.0134	20.6776	20.8141
April	21.1903	20.6495	20.8531
May	21.6919	21.1589	21.4725
June	21.8011	21.2534	21.5081
July	21.6656	21.3877	21.5252
August	22.2089	21.5429	21.8975
September	21.7302	21.1337	21.3942
October	21.4676	21.0671	21.2525
November	21.1629	20.7383	20.9879
December	21.4593	20.9128	21.1757