YEARLY HIGH
3.0236 PKR
YEARLY LOW
2.5419 PKR
YEARLY AVERAGE
2.7310 PKR

2019 MKD to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 3.0236. Conversely, the yearly low was recorded on February 16, dropping to 2.5419.

This high-to-low spread represents a total annual volatility of 0.4817 PKR. From a start-to-finish perspective, comparing the January average rate of 2.5841 to the December average rate of 2.7989, the exchange rate registered a net change of 8.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.0236 was up 16.31% compared to the 2018 peak of 2.5995, 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 15,118 PKR
2018 Average 11,638 PKR
Yearly Trough Low 12,709 PKR
Transaction Impact: A difference of 2,408.44 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.9486
2.5326
JanuMarcMayJulySeptNove

MKD to PKR 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 2.6280, compared to 2.8340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2060 points.

H1 Avg (Jan–Jun) 2.6280
H2 Avg (Jul–Dec) 2.8340

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.3731 PKR (High: 3.0236 / Low: 2.6505). On the other end, November was the most stable month, with a tight range of 0.0395 PKR (High: 2.8135 / Low: 2.7740).

June Spread (Volatile) ±0.3731
November Spread (Stable) ±0.0395

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0779 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0779

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 2.8229) against the same month in 2018 (average: 2.2577), the exchange rate shifted by +0.5652 (+25.03%).

2019 Avg (June) 2.8229
2018 Avg (June) 2.2577

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6129 2.5677 2.5841
February 2.5921 2.5419 2.5673
March 2.5880 2.5452 2.5688
April 2.6097 2.5505 2.5837
May 2.7627 2.5703 2.6413
June 3.0236 2.6505 2.8229
July 2.9946 2.8600 2.9139
August 2.9230 2.8282 2.8828
September 2.8235 2.7823 2.8049
October 2.8348 2.7791 2.8086
November 2.8135 2.7740 2.7949
December 2.8244 2.7774 2.7989