2019 MKD to NPR Historical Review

YEARLY HIGH

2.1293 NPR

YEARLY LOW

1.9921 NPR

YEARLY AVERAGE

2.0487 NPR

2019 MKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 2.1293. Conversely, the yearly low was recorded on August 1, dropping to 1.9921.

This high-to-low spread represents a total annual volatility of 0.1373 NPR. From a start-to-finish perspective, comparing the January average rate of 2.0936 to the December average rate of 2.0574, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.1293 was down 4.44% compared to the 2018 peak of 2.2282, 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 10,647 NPR

2018 Average 10,482 NPR

Yearly Trough Low 9,960 NPR

Transaction Impact: A difference of 686.27 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.1051

2.0018

JanuMarcMayJulySeptNove

MKD to NPR 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 2.0547, compared to 2.0426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0122 points.

H1 Avg (Jan–Jun) 2.0547

H2 Avg (Jul–Dec) 2.0426

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0886 NPR (High: 2.0807 / Low: 1.9921). On the other end, November was the most stable month, with a tight range of 0.0324 NPR (High: 2.0683 / Low: 2.0358).

August Spread (Volatile) ±0.0886

November Spread (Stable) ±0.0324

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 February and March, when the average rate fell by 0.0536 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 2.0965) against the same month in 2018 (average: 2.0648), the exchange rate shifted by +0.0317 (+1.53%).

2019 Avg (February) 2.0965

2018 Avg (February) 2.0648

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1230	2.0536	2.0936
February	2.1293	2.0713	2.0965
March	2.0979	2.0168	2.0429
April	2.0416	2.0061	2.0300
May	2.0587	2.0101	2.0272
June	2.0558	2.0145	2.0383
July	2.0461	1.9941	2.0104
August	2.0807	1.9921	2.0521
September	2.0684	2.0050	2.0407
October	2.0661	2.0134	2.0418
November	2.0683	2.0358	2.0528
December	2.0855	2.0419	2.0574