2019 MKD to TWD Historical Review

YEARLY HIGH

0.5789 TWD

YEARLY LOW

0.5422 TWD

YEARLY AVERAGE

0.5620 TWD

2019 MKD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 15, valuing the pair at 0.5789. Conversely, the yearly low was recorded on December 25, dropping to 0.5422.

This high-to-low spread represents a total annual volatility of 0.0367 TWD. From a start-to-finish perspective, comparing the January average rate of 0.5707 to the December average rate of 0.5464, the exchange rate registered a net change of -4.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5789 was down 2.59% compared to the 2018 peak of 0.5943, 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 2,895 TWD

2018 Average 2,889 TWD

Yearly Trough Low 2,711 TWD

Transaction Impact: A difference of 183.70 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5754

0.5438

JanuMarcMayJulySeptNove

MKD to TWD 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 0.5681, compared to 0.5560 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0121 points.

H1 Avg (Jan–Jun) 0.5681

H2 Avg (Jul–Dec) 0.5560

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0163 TWD (High: 0.5647 / Low: 0.5484). On the other end, December was the most stable month, with a tight range of 0.0074 TWD (High: 0.5495 / Low: 0.5422).

September Spread (Volatile) ±0.0163

December Spread (Stable) ±0.0074

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 0.0113 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.5728) against the same month in 2018 (average: 0.5718), the exchange rate shifted by +0.0009 (+0.17%).

2019 Avg (June) 0.5728

2018 Avg (June) 0.5718

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5751	0.5670	0.5707
February	0.5735	0.5631	0.5676
March	0.5712	0.5628	0.5672
April	0.5683	0.5596	0.5631
May	0.5734	0.5610	0.5671
June	0.5789	0.5668	0.5728
July	0.5731	0.5623	0.5680
August	0.5779	0.5626	0.5676
September	0.5647	0.5484	0.5563
October	0.5542	0.5453	0.5508
November	0.5526	0.5434	0.5470
December	0.5495	0.5422	0.5464