2019 MKD to SGD Historical Review

YEARLY HIGH

0.0254 SGD

YEARLY LOW

0.0243 SGD

YEARLY AVERAGE

0.0248 SGD

2019 MKD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0254. Conversely, the yearly low was recorded on November 9, dropping to 0.0243.

This high-to-low spread represents a total annual volatility of 0.0011 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0251 to the December average rate of 0.0245, the exchange rate registered a net change of -2.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0254 was down 4.86% compared to the 2018 peak of 0.0267, 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 127 SGD

2018 Average 129 SGD

Yearly Trough Low 122 SGD

Transaction Impact: A difference of 5.50 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0252

0.0244

JanuMarcMayJulySeptNove

MKD to SGD 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 0.0249, compared to 0.0247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0249

H2 Avg (Jul–Dec) 0.0247

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0006 SGD (High: 0.0254 / Low: 0.0248). On the other end, December was the most stable month, with a tight range of 0.0002 SGD (High: 0.0246 / Low: 0.0244).

August Spread (Volatile) ±0.0006

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0251) against the same month in 2018 (average: 0.0256), the exchange rate shifted by -0.0006 (-2.28%).

2019 Avg (August) 0.0251

2018 Avg (August) 0.0256

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0254	0.0249	0.0251
February	0.0252	0.0248	0.0249
March	0.0251	0.0247	0.0249
April	0.0249	0.0246	0.0248
May	0.0250	0.0247	0.0249
June	0.0252	0.0248	0.0250
July	0.0251	0.0247	0.0249
August	0.0254	0.0248	0.0251
September	0.0250	0.0245	0.0247
October	0.0247	0.0245	0.0246
November	0.0246	0.0243	0.0245
December	0.0246	0.0244	0.0245