2019 MKD to STD Historical Review

YEARLY HIGH

398.0983 STD

YEARLY LOW

380.3651 STD

YEARLY AVERAGE

387.7541 STD

2019 MKD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 29, valuing the pair at 398.0983. Conversely, the yearly low was recorded on May 30, dropping to 380.3651.

This high-to-low spread represents a total annual volatility of 17.7333 STD. From a start-to-finish perspective, comparing the January average rate of 390.0387 to the December average rate of 389.5324, the exchange rate registered a net change of -0.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 398.0983 was down 1.98% compared to the 2018 peak of 406.1301, 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 1,990,492 STD

2018 Average 1,980,500 STD

Yearly Trough Low 1,901,825 STD

Transaction Impact: A difference of 88,666.36 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

395.4074

381.1040

JanuMarcMayJulySeptNove

MKD to STD 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 386.3858, compared to 389.1223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7365 points.

H1 Avg (Jan–Jun) 386.3858

H2 Avg (Jul–Dec) 389.1223

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 17.5874 STD (High: 398.0983 / Low: 380.5109). On the other end, May was the most stable month, with a tight range of 3.9438 STD (High: 384.3088 / Low: 380.3651).

June Spread (Volatile) ±17.5874

May Spread (Stable) ±3.9438

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 4.0957 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -4.0957

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 387.0202) against the same month in 2018 (average: 399.3263), the exchange rate shifted by -12.3062 (-3.08%).

2019 Avg (June) 387.0202

2018 Avg (June) 399.3263

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	392.9642	388.5208	390.0387
February	392.2349	384.5352	387.9020
March	389.6632	383.9564	386.8139
April	387.8284	380.9870	384.2441
May	384.3088	380.3651	382.2960
June	398.0983	380.5109	387.0202
July	397.8366	390.7414	394.2155
August	394.2361	387.1589	390.1198
September	390.2849	382.0436	386.0990
October	391.1170	383.2315	387.4913
November	391.2622	385.5995	387.2761
December	393.1803	386.2765	389.5324