YEARLY HIGH
0.6642 MUR
YEARLY LOW
0.6275 MUR
YEARLY AVERAGE
0.6471 MUR

2019 MKD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.6642. Conversely, the yearly low was recorded on February 16, dropping to 0.6275.

This high-to-low spread represents a total annual volatility of 0.0367 MUR. From a start-to-finish perspective, comparing the January average rate of 0.6352 to the December average rate of 0.6603, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6642 was down 1.91% compared to the 2018 peak of 0.6772, 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 3,321 MUR
2018 Average 3,262 MUR
Yearly Trough Low 3,138 MUR
Transaction Impact: A difference of 183.42 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6632
0.6287
JanuMarcMayJulySeptNove

MKD to MUR 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 0.6394, compared to 0.6549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.6394
H2 Avg (Jul–Dec) 0.6549

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0187 MUR (High: 0.6464 / Low: 0.6277). On the other end, December was the most stable month, with a tight range of 0.0076 MUR (High: 0.6642 / Low: 0.6566).

March Spread (Volatile) ±0.0187
December Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0047 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.6603) against the same month in 2018 (average: 0.6349), the exchange rate shifted by +0.0254 (+4.00%).

2019 Avg (December) 0.6603
2018 Avg (December) 0.6349

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6403 0.6298 0.6352
February 0.6397 0.6275 0.6316
March 0.6464 0.6277 0.6373
April 0.6409 0.6326 0.6374
May 0.6472 0.6336 0.6408
June 0.6583 0.6472 0.6540
July 0.6641 0.6504 0.6571
August 0.6619 0.6482 0.6524
September 0.6544 0.6424 0.6495
October 0.6598 0.6458 0.6542
November 0.6600 0.6510 0.6558
December 0.6642 0.6566 0.6603