2019 MKD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MKD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 28.1887. Conversely, the yearly low was recorded on September 26, dropping to 26.7704.
This high-to-low spread represents a total annual volatility of 1.4182 LBP. From a start-to-finish perspective, comparing the January average rate of 27.9586 to the December average rate of 27.3284, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 28.1887 was down 8.38% compared to the 2018 peak of 30.7668, 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 2019.
MKD to LBP 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 27.6967, compared to 27.2705 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4262 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 0.8256 LBP (High: 28.0715 / Low: 27.2458). On the other end, September was the most stable month, with a tight range of 0.4048 LBP (High: 27.1753 / Low: 26.7704).
Growth Streaks & Declines
TrendsNo 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 0.3103 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 27.9586) against the same month in 2018 (average: 30.0021), the exchange rate shifted by -2.0435 (-6.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.1887 | 27.6995 | 27.9586 |
| February | 28.1382 | 27.5469 | 27.8098 |
| March | 27.9339 | 27.4933 | 27.7304 |
| April | 27.7773 | 27.2817 | 27.5559 |
| May | 28.0715 | 27.2458 | 27.4356 |
| June | 27.9293 | 27.2458 | 27.6901 |
| July | 27.9238 | 27.3521 | 27.6241 |
| August | 27.5839 | 27.0696 | 27.3138 |
| September | 27.1753 | 26.7704 | 27.0312 |
| October | 27.4246 | 26.7948 | 27.1629 |
| November | 27.4377 | 27.0215 | 27.1627 |
| December | 27.5879 | 27.0525 | 27.3284 |