YEARLY HIGH
3.4080 LKR
YEARLY LOW
3.1722 LKR
YEARLY AVERAGE
3.2509 LKR

2019 MKD to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 3.4080. Conversely, the yearly low was recorded on April 2, dropping to 3.1722.

This high-to-low spread represents a total annual volatility of 0.2358 LKR. From a start-to-finish perspective, comparing the January average rate of 3.3700 to the December average rate of 3.2741, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.4080 was up 0.03% compared to the 2018 peak of 3.4068, 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 17,040 LKR
2018 Average 15,570 LKR
Yearly Trough Low 15,861 LKR
Transaction Impact: A difference of 1,178.85 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3.3879
3.1732
JanuMarcMayJulySeptNove

MKD to LKR 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 3.2610, compared to 3.2408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0202 points.

H1 Avg (Jan–Jun) 3.2610
H2 Avg (Jul–Dec) 3.2408

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.1314 LKR (High: 3.3319 / Low: 3.2005). On the other end, May was the most stable month, with a tight range of 0.0415 LKR (High: 3.2278 / Low: 3.1863).

March Spread (Volatile) ±0.1314
May Spread (Stable) ±0.0415

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0829 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0829

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 3.3700) against the same month in 2018 (average: 3.0465), the exchange rate shifted by +0.3235 (+10.62%).

2019 Avg (January) 3.3700
2018 Avg (January) 3.0465

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.4080 3.3146 3.3700
February 3.3244 3.2586 3.2899
March 3.3319 3.2005 3.2740
April 3.2162 3.1722 3.1911
May 3.2278 3.1863 3.2030
June 3.2663 3.1808 3.2380
July 3.2682 3.1945 3.2179
August 3.2503 3.1745 3.2157
September 3.2501 3.2068 3.2365
October 3.3018 3.2129 3.2593
November 3.2876 3.2263 3.2413
December 3.3105 3.2350 3.2741