YEARLY HIGH
0.0072 OMR
YEARLY LOW
0.0068 OMR
YEARLY AVERAGE
0.0070 OMR

2019 MKD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0072. Conversely, the yearly low was recorded on September 26, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0004 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0070, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0072 was down 8.10% compared to the 2018 peak of 0.0078, 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 36 OMR
2018 Average 37 OMR
Yearly Trough Low 34 OMR
Transaction Impact: A difference of 1.83 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0072
0.0069
JanuMarcMayJulySeptNove

MKD to OMR 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 0.0071, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0071
H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0002 OMR (High: 0.0071 / Low: 0.0070). On the other end, May was the most stable month, with a tight range of 0.0001 OMR (High: 0.0070 / Low: 0.0070).

June Spread (Volatile) ±0.0002
May Spread (Stable) ±0.0001

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 July and August, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0071) against the same month in 2018 (average: 0.0076), the exchange rate shifted by -0.0005 (-6.48%).

2019 Avg (January) 0.0071
2018 Avg (January) 0.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0071 0.0071
February 0.0072 0.0070 0.0071
March 0.0071 0.0070 0.0071
April 0.0071 0.0070 0.0070
May 0.0070 0.0070 0.0070
June 0.0071 0.0070 0.0071
July 0.0071 0.0070 0.0070
August 0.0070 0.0069 0.0070
September 0.0069 0.0068 0.0069
October 0.0070 0.0068 0.0069
November 0.0070 0.0069 0.0069
December 0.0070 0.0069 0.0070