2019 MKD to TRY Historical Review

YEARLY HIGH

0.1122 TRY

YEARLY LOW

0.0963 TRY

YEARLY AVERAGE

0.1034 TRY

2019 MKD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.1122. Conversely, the yearly low was recorded on February 16, dropping to 0.0963.

This high-to-low spread represents a total annual volatility of 0.0159 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0993 to the December average rate of 0.1058, the exchange rate registered a net change of 6.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1122 was down 12.79% compared to the 2018 peak of 0.1287, 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 561 TRY

2018 Average 463 TRY

Yearly Trough Low 481 TRY

Transaction Impact: A difference of 79.73 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1109

0.0959

JanuMarcMayJulySeptNove

MKD to TRY 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 0.1032, compared to 0.1035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1032

H2 Avg (Jul–Dec) 0.1035

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0081 TRY (High: 0.1086 / Low: 0.1005). On the other end, November was the most stable month, with a tight range of 0.0013 TRY (High: 0.1037 / Low: 0.1024).

April Spread (Volatile) ±0.0081

November Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.1097) against the same month in 2018 (average: 0.0850), the exchange rate shifted by +0.0247 (+29.01%).

2019 Avg (May) 0.1097

2018 Avg (May) 0.0850

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1025	0.0963	0.0993
February	0.0986	0.0963	0.0972
March	0.1065	0.0985	0.1008
April	0.1086	0.1005	0.1054
May	0.1122	0.1056	0.1097
June	0.1085	0.1044	0.1067
July	0.1048	0.1009	0.1037
August	0.1066	0.0998	0.1022
September	0.1048	0.1001	0.1023
October	0.1063	0.1012	0.1041
November	0.1037	0.1024	0.1031
December	0.1085	0.1030	0.1058