YEARLY HIGH
28.1887 LBP
YEARLY LOW
26.7704 LBP
YEARLY AVERAGE
27.4836 LBP

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 140,943 LBP
2018 Average 145,108 LBP
Yearly Trough Low 133,852 LBP
Transaction Impact: A difference of 7,091.10 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

28.0514
26.9384
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 27.6967
H2 Avg (Jul–Dec) 27.2705

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±0.8256
September Spread (Stable) ±0.4048

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 0.3103 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3103

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (January) 27.9586
2018 Avg (January) 30.0021

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