YEARLY HIGH
0.1776 SEK
YEARLY LOW
0.1642 SEK
YEARLY AVERAGE
0.1720 SEK

2019 MKD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.1776. Conversely, the yearly low was recorded on January 7, dropping to 0.1642.

This high-to-low spread represents a total annual volatility of 0.0133 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1665 to the December average rate of 0.1703, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1776 was up 2.25% compared to the 2018 peak of 0.1737, 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 888 SEK
2018 Average 833 SEK
Yearly Trough Low 821 SEK
Transaction Impact: A difference of 66.59 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1763
0.1656
JanuMarcMayJulySeptNove

MKD to SEK 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 0.1708, compared to 0.1732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.1708
H2 Avg (Jul–Dec) 0.1732

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0048 SEK (High: 0.1757 / Low: 0.1709). On the other end, December was the most stable month, with a tight range of 0.0027 SEK (High: 0.1718 / Low: 0.1690).

November Spread (Volatile) ±0.0048
December Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.1754) against the same month in 2018 (average: 0.1688), the exchange rate shifted by +0.0067 (+3.95%).

2019 Avg (October) 0.1754
2018 Avg (October) 0.1688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1681 0.1642 0.1665
February 0.1725 0.1687 0.1704
March 0.1727 0.1686 0.1707
April 0.1728 0.1689 0.1704
May 0.1759 0.1717 0.1742
June 0.1744 0.1709 0.1725
July 0.1752 0.1705 0.1723
August 0.1763 0.1730 0.1745
September 0.1763 0.1722 0.1739
October 0.1776 0.1744 0.1754
November 0.1757 0.1709 0.1731
December 0.1718 0.1690 0.1703