2019 MKD to MRO Historical Review

YEARLY HIGH

6.6643 MRO

YEARLY LOW

6.3258 MRO

YEARLY AVERAGE

6.4966 MRO

2019 MKD to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 6.6643. Conversely, the yearly low was recorded on September 26, dropping to 6.3258.

This high-to-low spread represents a total annual volatility of 0.3385 MRO. From a start-to-finish perspective, comparing the January average rate of 6.6147 to the December average rate of 6.4498, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 6.6643 was down 7.73% compared to the 2018 peak of 7.2227, 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 33,322 MRO

2018 Average 34,084 MRO

Yearly Trough Low 31,629 MRO

Transaction Impact: A difference of 1,692.59 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

6.6369

6.3708

JanuMarcMayJulySeptNove

MKD to MRO 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 6.5501, compared to 6.4430 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1071 points.

H1 Avg (Jan–Jun) 6.5501

H2 Avg (Jul–Dec) 6.4430

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.1569 MRO (High: 6.6101 / Low: 6.4531). On the other end, May was the most stable month, with a tight range of 0.0669 MRO (High: 6.5175 / Low: 6.4507).

June Spread (Volatile) ±0.1569

May Spread (Stable) ±0.0669

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 0.0678 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0678

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 6.6147) against the same month in 2018 (average: 7.0313), the exchange rate shifted by -0.4166 (-5.92%).

2019 Avg (January) 6.6147

2018 Avg (January) 7.0313

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.6643	6.5890	6.6147
February	6.6520	6.5214	6.5785
March	6.6084	6.5116	6.5600
April	6.5772	6.4612	6.5164
May	6.5175	6.4507	6.4834
June	6.6101	6.4531	6.5477
July	6.5873	6.4698	6.5274
August	6.5277	6.4105	6.4595
September	6.4623	6.3258	6.3930
October	6.4761	6.3455	6.4160
November	6.4785	6.3847	6.4125
December	6.5102	6.3959	6.4498