YEARLY HIGH
0.0057 KWD
YEARLY LOW
0.0054 KWD
YEARLY AVERAGE
0.0055 KWD

2019 MKD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0057. Conversely, the yearly low was recorded on September 26, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0003 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0055, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0057 was down 7.16% compared to the 2018 peak of 0.0061, 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 28 KWD
2018 Average 29 KWD
Yearly Trough Low 27 KWD
Transaction Impact: A difference of 1.36 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0056
0.0054
JanuMarcMayJulySeptNove

MKD to KWD 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 0.0056, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0001 KWD (High: 0.0056 / Low: 0.0055). On the other end, May was the most stable month, with a tight range of 0.0001 KWD (High: 0.0056 / Low: 0.0055).

June Spread (Volatile) ±0.0001
May Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0056) against the same month in 2018 (average: 0.0060), the exchange rate shifted by -0.0003 (-5.72%).

2019 Avg (January) 0.0056
2018 Avg (January) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0057 0.0056 0.0056
February 0.0056 0.0056 0.0056
March 0.0056 0.0055 0.0056
April 0.0056 0.0055 0.0056
May 0.0056 0.0055 0.0055
June 0.0056 0.0055 0.0056
July 0.0056 0.0055 0.0056
August 0.0055 0.0055 0.0055
September 0.0055 0.0054 0.0054
October 0.0055 0.0054 0.0055
November 0.0055 0.0054 0.0055
December 0.0055 0.0054 0.0055