YEARLY HIGH
0.1392 SRD
YEARLY LOW
0.1322 SRD
YEARLY AVERAGE
0.1357 SRD

2019 MKD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1392. Conversely, the yearly low was recorded on September 26, dropping to 0.1322.

This high-to-low spread represents a total annual volatility of 0.0071 SRD. From a start-to-finish perspective, comparing the January average rate of 0.1382 to the December average rate of 0.1347, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1392 was down 8.24% compared to the 2018 peak of 0.1517, 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 696 SRD
2018 Average 716 SRD
Yearly Trough Low 661 SRD
Transaction Impact: A difference of 35.36 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1386
0.1331
JanuMarcMayJulySeptNove

MKD to SRD 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 0.1368, compared to 0.1346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.1368
H2 Avg (Jul–Dec) 0.1346

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0033 SRD (High: 0.1381 / Low: 0.1348). On the other end, May was the most stable month, with a tight range of 0.0014 SRD (High: 0.1362 / Low: 0.1348).

June Spread (Volatile) ±0.0033
May Spread (Stable) ±0.0014

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 0.0014 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1382) against the same month in 2018 (average: 0.1478), the exchange rate shifted by -0.0096 (-6.52%).

2019 Avg (January) 0.1382
2018 Avg (January) 0.1478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1392 0.1376 0.1382
February 0.1390 0.1362 0.1374
March 0.1381 0.1360 0.1370
April 0.1374 0.1350 0.1361
May 0.1362 0.1348 0.1354
June 0.1381 0.1348 0.1368
July 0.1376 0.1352 0.1364
August 0.1364 0.1339 0.1349
September 0.1350 0.1322 0.1336
October 0.1353 0.1326 0.1340
November 0.1353 0.1334 0.1340
December 0.1360 0.1336 0.1347