YEARLY HIGH
0.3359 MDL
YEARLY LOW
0.3098 MDL
YEARLY AVERAGE
0.3188 MDL

2019 MKD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 0.3359. Conversely, the yearly low was recorded on December 9, dropping to 0.3098.

This high-to-low spread represents a total annual volatility of 0.0262 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3172 to the December average rate of 0.3119, the exchange rate registered a net change of -1.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3359 was down 1.51% compared to the 2018 peak of 0.3411, 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 1,680 MDL
2018 Average 1,611 MDL
Yearly Trough Low 1,549 MDL
Transaction Impact: A difference of 130.76 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3345
0.3098
JanuMarcMayJulySeptNove

MKD to MDL 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 0.3214, compared to 0.3163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.3214
H2 Avg (Jul–Dec) 0.3163

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0136 MDL (High: 0.3282 / Low: 0.3146). On the other end, December was the most stable month, with a tight range of 0.0044 MDL (High: 0.3142 / Low: 0.3098).

April Spread (Volatile) ±0.0136
December Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0088 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.3325) against the same month in 2018 (average: 0.3207), the exchange rate shifted by +0.0117 (+3.66%).

2019 Avg (June) 0.3325
2018 Avg (June) 0.3207

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3222 0.3145 0.3172
February 0.3174 0.3125 0.3149
March 0.3188 0.3110 0.3156
April 0.3282 0.3146 0.3222
May 0.3296 0.3240 0.3258
June 0.3359 0.3283 0.3325
July 0.3328 0.3195 0.3237
August 0.3240 0.3145 0.3189
September 0.3211 0.3135 0.3170
October 0.3158 0.3112 0.3138
November 0.3163 0.3105 0.3127
December 0.3142 0.3098 0.3119