YEARLY HIGH
0.1508 MOP
YEARLY LOW
0.1430 MOP
YEARLY AVERAGE
0.1468 MOP

2019 MKD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1508. Conversely, the yearly low was recorded on September 26, dropping to 0.1430.

This high-to-low spread represents a total annual volatility of 0.0078 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1496 to the December average rate of 0.1452, the exchange rate registered a net change of -2.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1508 was down 7.83% compared to the 2018 peak of 0.1636, 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 754 MOP
2018 Average 774 MOP
Yearly Trough Low 715 MOP
Transaction Impact: A difference of 38.88 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1502
0.1440
JanuMarcMayJulySeptNove

MKD to MOP 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 0.1482, compared to 0.1455 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.1482
H2 Avg (Jul–Dec) 0.1455

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0034 MOP (High: 0.1465 / Low: 0.1431). On the other end, May was the most stable month, with a tight range of 0.0016 MOP (High: 0.1476 / Low: 0.1460).

October Spread (Volatile) ±0.0034
May Spread (Stable) ±0.0016

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 August and September, when the average rate fell by 0.0015 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1496) against the same month in 2018 (average: 0.1595), the exchange rate shifted by -0.0099 (-6.20%).

2019 Avg (January) 0.1496
2018 Avg (January) 0.1595

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1508 0.1484 0.1496
February 0.1507 0.1476 0.1490
March 0.1496 0.1473 0.1485
April 0.1488 0.1461 0.1475
May 0.1476 0.1460 0.1468
June 0.1489 0.1457 0.1479
July 0.1490 0.1460 0.1471
August 0.1474 0.1450 0.1460
September 0.1453 0.1430 0.1445
October 0.1465 0.1431 0.1451
November 0.1465 0.1442 0.1448
December 0.1462 0.1441 0.1452