YEARLY HIGH
0.0187 USD
YEARLY LOW
0.0177 USD
YEARLY AVERAGE
0.0182 USD

2019 MKD to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0187. Conversely, the yearly low was recorded on September 26, dropping to 0.0177.

This high-to-low spread represents a total annual volatility of 0.0009 USD. From a start-to-finish perspective, comparing the January average rate of 0.0185 to the December average rate of 0.0181, 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 0.0187 was down 8.12% compared to the 2018 peak of 0.0203, 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 93 USD
2018 Average 96 USD
Yearly Trough Low 89 USD
Transaction Impact: A difference of 4.74 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0186
0.0178
JanuMarcMayJulySeptNove

MKD to USD 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 0.0183, compared to 0.0180 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0183
H2 Avg (Jul–Dec) 0.0180

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0004 USD (High: 0.0185 / Low: 0.0181). On the other end, May was the most stable month, with a tight range of 0.0002 USD (High: 0.0183 / Low: 0.0181).

June Spread (Volatile) ±0.0004
May Spread (Stable) ±0.0002

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 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0185) against the same month in 2018 (average: 0.0198), the exchange rate shifted by -0.0013 (-6.48%).

2019 Avg (January) 0.0185
2018 Avg (January) 0.0198

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0187 0.0185 0.0185
February 0.0186 0.0183 0.0184
March 0.0185 0.0182 0.0184
April 0.0184 0.0181 0.0183
May 0.0183 0.0181 0.0182
June 0.0185 0.0181 0.0183
July 0.0185 0.0181 0.0183
August 0.0183 0.0180 0.0181
September 0.0181 0.0177 0.0179
October 0.0181 0.0178 0.0180
November 0.0181 0.0179 0.0180
December 0.0182 0.0179 0.0181