YEARLY HIGH
0.3661 MXN
YEARLY LOW
0.3416 MXN
YEARLY AVERAGE
0.3502 MXN

2019 MKD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.3661. Conversely, the yearly low was recorded on December 26, dropping to 0.3416.

This high-to-low spread represents a total annual volatility of 0.0245 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3553 to the December average rate of 0.3449, the exchange rate registered a net change of -2.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3661 was down 8.63% compared to the 2018 peak of 0.4006, 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 1,830 MXN
2018 Average 1,843 MXN
Yearly Trough Low 1,708 MXN
Transaction Impact: A difference of 122.36 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3574
0.3438
JanuMarcMayJulySeptNove

MKD to MXN 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 0.3515, compared to 0.3489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.3515
H2 Avg (Jul–Dec) 0.3489

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0196 MXN (High: 0.3661 / Low: 0.3465). On the other end, February was the most stable month, with a tight range of 0.0050 MXN (High: 0.3565 / Low: 0.3515).

August Spread (Volatile) ±0.0196
February Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0081 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.3562) against the same month in 2018 (average: 0.3531), the exchange rate shifted by +0.0031 (+0.89%).

2019 Avg (August) 0.3562
2018 Avg (August) 0.3531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3653 0.3496 0.3553
February 0.3565 0.3515 0.3534
March 0.3574 0.3476 0.3538
April 0.3506 0.3428 0.3457
May 0.3546 0.3438 0.3472
June 0.3609 0.3465 0.3538
July 0.3525 0.3451 0.3482
August 0.3661 0.3465 0.3562
September 0.3611 0.3472 0.3507
October 0.3529 0.3439 0.3470
November 0.3508 0.3419 0.3465
December 0.3523 0.3416 0.3449