2019 MKD to TND Historical Review

YEARLY HIGH

0.0565 TND

YEARLY LOW

0.0506 TND

YEARLY AVERAGE

0.0532 TND

2019 MKD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0565. Conversely, the yearly low was recorded on December 31, dropping to 0.0506.

This high-to-low spread represents a total annual volatility of 0.0059 TND. From a start-to-finish perspective, comparing the January average rate of 0.0549 to the December average rate of 0.0513, the exchange rate registered a net change of -6.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0565 was up 2.30% compared to the 2018 peak of 0.0552, 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 282 TND

2018 Average 252 TND

Yearly Trough Low 253 TND

Transaction Impact: A difference of 29.36 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0561

0.0506

JanuMarcMayJulySeptNove

MKD to TND 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 0.0549, compared to 0.0515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0549

H2 Avg (Jul–Dec) 0.0515

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0023 TND (High: 0.0549 / Low: 0.0525). On the other end, November was the most stable month, with a tight range of 0.0005 TND (High: 0.0514 / Low: 0.0509).

June Spread (Volatile) ±0.0023

November Spread (Stable) ±0.0005

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 June and July, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.0555) against the same month in 2018 (average: 0.0480), the exchange rate shifted by +0.0075 (+15.61%).

2019 Avg (February) 0.0555

2018 Avg (February) 0.0480

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0557	0.0545	0.0549
February	0.0565	0.0545	0.0555
March	0.0565	0.0551	0.0557
April	0.0555	0.0546	0.0551
May	0.0550	0.0541	0.0546
June	0.0549	0.0525	0.0539
July	0.0532	0.0521	0.0526
August	0.0523	0.0515	0.0519
September	0.0519	0.0507	0.0513
October	0.0513	0.0507	0.0510
November	0.0514	0.0509	0.0511
December	0.0518	0.0506	0.0513