2019 MKD to SCR Historical Review

YEARLY HIGH

0.2558 SCR

YEARLY LOW

0.2260 SCR

YEARLY AVERAGE

0.2489 SCR

2019 MKD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 23, valuing the pair at 0.2558. Conversely, the yearly low was recorded on August 11, dropping to 0.2260.

This high-to-low spread represents a total annual volatility of 0.0298 SCR. From a start-to-finish perspective, comparing the January average rate of 0.2529 to the December average rate of 0.2475, the exchange rate registered a net change of -2.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2558 was down 10.09% compared to the 2018 peak of 0.2845, 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 1,279 SCR

2018 Average 1,306 SCR

Yearly Trough Low 1,130 SCR

Transaction Impact: A difference of 148.95 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2537

0.2445

JanuMarcMayJulySeptNove

MKD to SCR 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 0.2510, compared to 0.2468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.2510

H2 Avg (Jul–Dec) 0.2468

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0259 SCR (High: 0.2519 / Low: 0.2260). On the other end, May was the most stable month, with a tight range of 0.0027 SCR (High: 0.2498 / Low: 0.2471).

August Spread (Volatile) ±0.0259

May Spread (Stable) ±0.0027

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 July and August, when the average rate fell by 0.0042 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.2500) against the same month in 2018 (average: 0.2571), the exchange rate shifted by -0.0071 (-2.76%).

2019 Avg (July) 0.2500

2018 Avg (July) 0.2571

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2548	0.2519	0.2529
February	0.2553	0.2496	0.2520
March	0.2557	0.2493	0.2516
April	0.2528	0.2476	0.2501
May	0.2498	0.2471	0.2484
June	0.2529	0.2474	0.2507
July	0.2558	0.2476	0.2500
August	0.2519	0.2260	0.2458
September	0.2477	0.2427	0.2453
October	0.2488	0.2435	0.2464
November	0.2520	0.2342	0.2459
December	0.2498	0.2452	0.2475