2019 MKD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MKD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 117.9427. Conversely, the yearly low was recorded on August 1, dropping to 108.0142.
This high-to-low spread represents a total annual volatility of 9.9285 PYG. From a start-to-finish perspective, comparing the January average rate of 111.7231 to the December average rate of 116.4293, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 117.9427 was up 2.50% compared to the 2018 peak of 115.0686, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MKD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 113.1497, compared to 113.7587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6090 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was July, with a trading range of 5.9704 PYG (High: 114.6834 / Low: 108.7130). On the other end, November was the most stable month, with a tight range of 1.5471 PYG (High: 116.8828 / Low: 115.3357).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 3.7837 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 116.4293) against the same month in 2018 (average: 109.5349), the exchange rate shifted by +6.8944 (+6.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 113.5331 | 110.4281 | 111.7231 |
| February | 112.7414 | 110.5482 | 111.6114 |
| March | 113.6431 | 110.9059 | 112.4794 |
| April | 114.4784 | 112.3389 | 113.5874 |
| May | 116.7290 | 113.9028 | 114.9199 |
| June | 115.6396 | 113.3081 | 114.5771 |
| July | 114.6834 | 108.7130 | 110.7935 |
| August | 112.5088 | 108.0142 | 110.6114 |
| September | 114.4241 | 111.3924 | 113.2919 |
| October | 117.4607 | 113.0617 | 115.5733 |
| November | 116.8828 | 115.3357 | 115.8528 |
| December | 117.9427 | 115.4375 | 116.4293 |