2019 MKD to RON Historical Review

YEARLY HIGH

0.0781 RON

YEARLY LOW

0.0750 RON

YEARLY AVERAGE

0.0771 RON

2019 MKD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.0781. Conversely, the yearly low was recorded on January 7, dropping to 0.0750.

This high-to-low spread represents a total annual volatility of 0.0030 RON. From a start-to-finish perspective, comparing the January average rate of 0.0764 to the December average rate of 0.0777, the exchange rate registered a net change of 1.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0781 was up 0.73% compared to the 2018 peak of 0.0775, 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 390 RON

2018 Average 378 RON

Yearly Trough Low 375 RON

Transaction Impact: A difference of 15.23 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0778

0.0762

JanuMarcMayJulySeptNove

MKD to RON 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 0.0770, compared to 0.0773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0770

H2 Avg (Jul–Dec) 0.0773

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0028 RON (High: 0.0779 / Low: 0.0750). On the other end, April was the most stable month, with a tight range of 0.0005 RON (High: 0.0775 / Low: 0.0770).

January Spread (Volatile) ±0.0028

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.0005 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0775) against the same month in 2018 (average: 0.0758), the exchange rate shifted by +0.0018 (+2.34%).

2019 Avg (November) 0.0775

2018 Avg (November) 0.0758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0779	0.0750	0.0764
February	0.0774	0.0767	0.0771
March	0.0779	0.0769	0.0773
April	0.0775	0.0770	0.0773
May	0.0775	0.0768	0.0772
June	0.0774	0.0763	0.0767
July	0.0777	0.0765	0.0771
August	0.0775	0.0764	0.0769
September	0.0776	0.0765	0.0771
October	0.0775	0.0769	0.0772
November	0.0781	0.0772	0.0775
December	0.0781	0.0773	0.0777