YEARLY HIGH
14.7098 MWK
YEARLY LOW
12.8536 MWK
YEARLY AVERAGE
13.3616 MWK

2019 MKD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 14.7098. Conversely, the yearly low was recorded on September 23, dropping to 12.8536.

This high-to-low spread represents a total annual volatility of 1.8562 MWK. From a start-to-finish perspective, comparing the January average rate of 13.5514 to the December average rate of 13.2562, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 14.7098 was down 4.13% compared to the 2018 peak of 15.3433, 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 73,549 MWK
2018 Average 69,980 MWK
Yearly Trough Low 64,268 MWK
Transaction Impact: A difference of 9,281.11 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

13.9353
12.9491
JanuMarcMayJulySeptNove

MKD to MWK 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 13.4355, compared to 13.2878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1477 points.

H1 Avg (Jan–Jun) 13.4355
H2 Avg (Jul–Dec) 13.2878

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 1.4563 MWK (High: 14.4711 / Low: 13.0147). On the other end, November was the most stable month, with a tight range of 0.2321 MWK (High: 13.3160 / Low: 13.0840).

June Spread (Volatile) ±1.4563
November Spread (Stable) ±0.2321

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.5894 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5894

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 13.5514) against the same month in 2018 (average: 14.3687), the exchange rate shifted by -0.8173 (-5.69%).

2019 Avg (January) 13.5514
2018 Avg (January) 14.3687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.7098 13.3368 13.5514
February 13.5753 13.3084 13.4258
March 13.4868 13.1899 13.3410
April 13.5029 13.1231 13.2872
May 13.3584 13.0080 13.1543
June 14.4711 13.0147 13.8531
July 14.0429 13.4387 13.8437
August 13.7458 13.0206 13.2543
September 13.3106 12.8536 13.0313
October 13.3104 12.9605 13.1661
November 13.3160 13.0840 13.1751
December 13.4461 13.0574 13.2562