2019 MKD to NIO Historical Review

YEARLY HIGH

0.6191 NIO

YEARLY LOW

0.5948 NIO

YEARLY AVERAGE

0.6048 NIO

2019 MKD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.6191. Conversely, the yearly low was recorded on September 26, dropping to 0.5948.

This high-to-low spread represents a total annual volatility of 0.0243 NIO. From a start-to-finish perspective, comparing the January average rate of 0.6025 to the December average rate of 0.6120, the exchange rate registered a net change of 1.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.6191 was down 2.18% compared to the 2018 peak of 0.6329, 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 3,095 NIO

2018 Average 3,036 NIO

Yearly Trough Low 2,974 NIO

Transaction Impact: A difference of 121.46 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6133

0.5985

JanuMarcMayJulySeptNove

MKD to NIO 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 0.6029, compared to 0.6067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.6029

H2 Avg (Jul–Dec) 0.6067

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0217 NIO (High: 0.6176 / Low: 0.5960). On the other end, May was the most stable month, with a tight range of 0.0082 NIO (High: 0.6035 / Low: 0.5953).

June Spread (Volatile) ±0.0217

May Spread (Stable) ±0.0082

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 August and September, when the average rate fell by 0.0056 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0056

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.6120) against the same month in 2018 (average: 0.5996), the exchange rate shifted by +0.0125 (+2.08%).

2019 Avg (December) 0.6120

2018 Avg (December) 0.5996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6077	0.5983	0.6025
February	0.6099	0.5967	0.6030
March	0.6076	0.5983	0.6031
April	0.6063	0.5949	0.6008
May	0.6035	0.5953	0.5997
June	0.6176	0.5960	0.6080
July	0.6141	0.6020	0.6086
August	0.6120	0.6029	0.6065
September	0.6044	0.5948	0.6008
October	0.6133	0.5957	0.6048
November	0.6178	0.6028	0.6075
December	0.6191	0.6043	0.6120