2021 MKD to KWD Historical Review

YEARLY HIGH

0.0061 KWD

YEARLY LOW

0.0055 KWD

YEARLY AVERAGE

0.0058 KWD

2021 MKD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0061. Conversely, the yearly low was recorded on November 24, dropping to 0.0055.

This high-to-low spread represents a total annual volatility of 0.0006 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0060 to the December average rate of 0.0056, the exchange rate registered a net change of -7.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0061 was down 0.06% compared to the 2020 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 30 KWD

2020 Average 28 KWD

Yearly Trough Low 28 KWD

Transaction Impact: A difference of 2.82 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0060

0.0055

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 0.0059, compared to 0.0057 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0059

H2 Avg (Jul–Dec) 0.0057

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0002 KWD (High: 0.0059 / Low: 0.0057). On the other end, December was the most stable month, with a tight range of 0.0001 KWD (High: 0.0056 / Low: 0.0055).

March Spread (Volatile) ±0.0002

December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between 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 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0060) against the same month in 2020 (average: 0.0055), the exchange rate shifted by +0.0005 (+9.28%).

2021 Avg (January) 0.0060

2020 Avg (January) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0061	0.0059	0.0060
February	0.0060	0.0059	0.0059
March	0.0059	0.0057	0.0058
April	0.0059	0.0058	0.0059
May	0.0060	0.0059	0.0059
June	0.0060	0.0058	0.0059
July	0.0058	0.0057	0.0058
August	0.0058	0.0057	0.0057
September	0.0058	0.0057	0.0058
October	0.0057	0.0056	0.0057
November	0.0057	0.0055	0.0056
December	0.0056	0.0055	0.0056