2019 MKD to NOK Historical Review

YEARLY HIGH

0.1668 NOK

YEARLY LOW

0.1552 NOK

YEARLY AVERAGE

0.1601 NOK

2019 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.1668. Conversely, the yearly low was recorded on April 10, dropping to 0.1552.

This high-to-low spread represents a total annual volatility of 0.0115 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1585 to the December average rate of 0.1629, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1668 was up 2.47% compared to the 2018 peak of 0.1627, 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 834 NOK

2018 Average 780 NOK

Yearly Trough Low 776 NOK

Transaction Impact: A difference of 57.65 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1652

0.1556

JanuMarcMayJulySeptNove

MKD to NOK 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 0.1580, compared to 0.1621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1580

H2 Avg (Jul–Dec) 0.1621

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0075 NOK (High: 0.1631 / Low: 0.1556). On the other end, November was the most stable month, with a tight range of 0.0020 NOK (High: 0.1652 / Low: 0.1632).

January Spread (Volatile) ±0.0075

November Spread (Stable) ±0.0020

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 March and April, when the average rate fell by 0.0017 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.1644) against the same month in 2018 (average: 0.1541), the exchange rate shifted by +0.0103 (+6.68%).

2019 Avg (October) 0.1644

2018 Avg (October) 0.1541

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1631	0.1556	0.1585
February	0.1597	0.1571	0.1582
March	0.1603	0.1562	0.1581
April	0.1575	0.1552	0.1564
May	0.1599	0.1572	0.1587
June	0.1602	0.1557	0.1582
July	0.1606	0.1561	0.1576
August	0.1645	0.1603	0.1622
September	0.1637	0.1602	0.1615
October	0.1668	0.1620	0.1644
November	0.1652	0.1632	0.1642
December	0.1655	0.1598	0.1629