2019 MKD to VEF Historical Review

YEARLY HIGH

4638.6684 VEF

YEARLY LOW

4403.0445 VEF

YEARLY AVERAGE

4521.9038 VEF

2019 MKD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 4638.6684. Conversely, the yearly low was recorded on September 26, dropping to 4403.0445.

This high-to-low spread represents a total annual volatility of 235.6239 VEF. From a start-to-finish perspective, comparing the January average rate of 4604.1347 to the December average rate of 4489.3522, 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 4638.6684 was down 2.38% compared to the 2018 peak of 4751.6321, 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 23,193,342 VEF

2018 Average 11,980,108 VEF

Yearly Trough Low 22,015,222 VEF

Transaction Impact: A difference of 1,178,119.40 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4619.5699

4434.3474

JanuMarcMayJulySeptNove

MKD to VEF 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 4559.1811, compared to 4484.6266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 74.5545 points.

H1 Avg (Jan–Jun) 4559.1811

H2 Avg (Jul–Dec) 4484.6266

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 109.2422 VEF (High: 4600.9082 / Low: 4491.6660). On the other end, May was the most stable month, with a tight range of 46.5533 VEF (High: 4536.4974 / Low: 4489.9441).

June Spread (Volatile) ±109.2422

May Spread (Stable) ±46.5533

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 47.2025 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -47.2025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 4604.1347) against the same month in 2018 (average: 0.2002), the exchange rate shifted by +4603.9345 (+2299589.28%).

2019 Avg (January) 4604.1347

2018 Avg (January) 0.2002

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	4638.6684	4586.2171	4604.1347
February	4630.0592	4539.1702	4578.9129
March	4599.7025	4532.3372	4566.0680
April	4578.0435	4497.2857	4535.7341
May	4536.4974	4489.9441	4512.7373
June	4600.9082	4491.6660	4557.4994
July	4585.0585	4503.2859	4543.3248
August	4543.5629	4461.9986	4496.1222
September	4498.0248	4403.0445	4449.7826
October	4507.6149	4416.7349	4465.8290
November	4509.2886	4444.0259	4463.3489
December	4531.3940	4451.8280	4489.3522