2019 MKD to RUB Historical Review

YEARLY HIGH

1.2857 RUB

YEARLY LOW

1.1147 RUB

YEARLY AVERAGE

1.1774 RUB

2019 MKD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.2857. Conversely, the yearly low was recorded on December 25, dropping to 1.1147.

This high-to-low spread represents a total annual volatility of 0.1710 RUB. From a start-to-finish perspective, comparing the January average rate of 1.2362 to the December average rate of 1.1355, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.2857 was down 3.27% compared to the 2018 peak of 1.3292, 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 6,429 RUB

2018 Average 6,015 RUB

Yearly Trough Low 5,574 RUB

Transaction Impact: A difference of 854.88 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.2463

1.1255

JanuMarcMayJulySeptNove

MKD to RUB 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 1.1967, compared to 1.1581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0386 points.

H1 Avg (Jan–Jun) 1.1967

H2 Avg (Jul–Dec) 1.1581

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0764 RUB (High: 1.2857 / Low: 1.2093). On the other end, November was the most stable month, with a tight range of 0.0116 RUB (High: 1.1530 / Low: 1.1415).

January Spread (Volatile) ±0.0764

November Spread (Stable) ±0.0116

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 August and September, when the average rate fell by 0.0293 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0293

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.2362) against the same month in 2018 (average: 1.1225), the exchange rate shifted by +0.1137 (+10.13%).

2019 Avg (January) 1.2362

2018 Avg (January) 1.1225

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2857	1.2093	1.2362
February	1.2211	1.2037	1.2121
March	1.2204	1.1777	1.1988
April	1.1933	1.1611	1.1786
May	1.1926	1.1663	1.1787
June	1.1934	1.1549	1.1759
July	1.1712	1.1466	1.1565
August	1.2121	1.1594	1.1918
September	1.1992	1.1386	1.1626
October	1.1629	1.1497	1.1554
November	1.1530	1.1415	1.1468
December	1.1557	1.1147	1.1355