2019 MKD to PEN Historical Review

YEARLY HIGH

0.0627 PEN

YEARLY LOW

0.0596 PEN

YEARLY AVERAGE

0.0607 PEN

2019 MKD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0627. Conversely, the yearly low was recorded on September 12, dropping to 0.0596.

This high-to-low spread represents a total annual volatility of 0.0031 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0619 to the December average rate of 0.0606, the exchange rate registered a net change of -2.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0627 was down 5.09% compared to the 2018 peak of 0.0660, 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 313 PEN

2018 Average 315 PEN

Yearly Trough Low 298 PEN

Transaction Impact: A difference of 15.35 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0621

0.0599

JanuMarcMayJulySeptNove

MKD to PEN 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 0.0609, compared to 0.0605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0609

H2 Avg (Jul–Dec) 0.0605

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0021 PEN (High: 0.0618 / Low: 0.0597). On the other end, April was the most stable month, with a tight range of 0.0006 PEN (High: 0.0607 / Low: 0.0601).

August Spread (Volatile) ±0.0021

April Spread (Stable) ±0.0006

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 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0619) against the same month in 2018 (average: 0.0637), the exchange rate shifted by -0.0018 (-2.79%).

2019 Avg (January) 0.0619

2018 Avg (January) 0.0637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0627	0.0614	0.0619
February	0.0620	0.0607	0.0612
March	0.0612	0.0603	0.0607
April	0.0607	0.0601	0.0603
May	0.0610	0.0602	0.0605
June	0.0615	0.0606	0.0610
July	0.0608	0.0597	0.0602
August	0.0618	0.0597	0.0611
September	0.0610	0.0596	0.0601
October	0.0607	0.0601	0.0603
November	0.0609	0.0599	0.0605
December	0.0613	0.0598	0.0606