2019 MKD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
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.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |