YEARLY HIGH
28.6839 MMK
YEARLY LOW
26.8740 MMK
YEARLY AVERAGE
27.6891 MMK

2019 MKD to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 28.6839. Conversely, the yearly low was recorded on December 25, dropping to 26.8740.

This high-to-low spread represents a total annual volatility of 1.8099 MMK. From a start-to-finish perspective, comparing the January average rate of 28.4011 to the December average rate of 27.0932, the exchange rate registered a net change of -4.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.6839 was down 7.72% compared to the 2018 peak of 31.0832, 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 143,419 MMK
2018 Average 138,122 MMK
Yearly Trough Low 134,370 MMK
Transaction Impact: A difference of 9,049.63 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

28.5319
26.9624
JanuMarcMayJulySeptNove

MKD to MMK 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 28.0028, compared to 27.3755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6273 points.

H1 Avg (Jan–Jun) 28.0028
H2 Avg (Jul–Dec) 27.3755

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.8640 MMK (High: 28.4695 / Low: 27.6055). On the other end, August was the most stable month, with a tight range of 0.3619 MMK (High: 27.6259 / Low: 27.2640).

March Spread (Volatile) ±0.8640
August Spread (Stable) ±0.3619

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 June and July, when the average rate fell by 0.3068 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 28.4011) against the same month in 2018 (average: 26.6502), the exchange rate shifted by +1.7509 (+6.57%).

2019 Avg (January) 28.4011
2018 Avg (January) 26.6502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.6839 27.9194 28.4011
February 28.4540 27.9330 28.1809
March 28.4695 27.6055 27.9906
April 27.9735 27.4239 27.6869
May 28.1108 27.5699 27.8083
June 28.1920 27.5710 27.9487
July 28.0573 27.3364 27.6419
August 27.6259 27.2640 27.4178
September 27.5597 27.1198 27.3785
October 27.7933 27.0892 27.5053
November 27.6194 26.9369 27.2160
December 27.4303 26.8740 27.0932