2019 MKD to NAD Historical Review

YEARLY HIGH

0.6692 NAD

YEARLY LOW

0.2477 NAD

YEARLY AVERAGE

0.2638 NAD

2019 MKD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.6692. Conversely, the yearly low was recorded on February 5, dropping to 0.2477.

This high-to-low spread represents a total annual volatility of 0.4215 NAD. From a start-to-finish perspective, comparing the January average rate of 0.2573 to the December average rate of 0.2604, the exchange rate registered a net change of 1.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6692 was up 133.91% compared to the 2018 peak of 0.2861, 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 3,346 NAD

2018 Average 1,266 NAD

Yearly Trough Low 1,239 NAD

Transaction Impact: A difference of 2,107.34 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2769

0.2519

JanuMarcMayJulySeptNove

MKD to NAD 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 0.2627, compared to 0.2650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.2627

H2 Avg (Jul–Dec) 0.2650

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.4112 NAD (High: 0.6692 / Low: 0.2580). On the other end, July was the most stable month, with a tight range of 0.0074 NAD (High: 0.2613 / Low: 0.2539).

May Spread (Volatile) ±0.4112

July Spread (Stable) ±0.0074

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 June and July, when the average rate fell by 0.0110 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.2748) against the same month in 2018 (average: 0.2403), the exchange rate shifted by +0.0345 (+14.36%).

2019 Avg (May) 0.2748

2018 Avg (May) 0.2403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2675	0.2480	0.2573
February	0.2591	0.2477	0.2539
March	0.2672	0.2571	0.2640
April	0.2667	0.2563	0.2586
May	0.6692	0.2580	0.2748
June	0.2765	0.2607	0.2674
July	0.2613	0.2539	0.2564
August	0.2816	0.2561	0.2735
September	0.2730	0.2622	0.2660
October	0.2718	0.2628	0.2678
November	0.2743	0.2617	0.2658
December	0.2670	0.2544	0.2604