2019 MKD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MKD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MKD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 435.4675. Conversely, the yearly low was recorded on October 1, dropping to 411.0780.
This high-to-low spread represents a total annual volatility of 24.3895 VND. From a start-to-finish perspective, comparing the January average rate of 429.9468 to the December average rate of 418.6380, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 435.4675 was down 5.62% compared to the 2018 peak of 461.4046, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MKD to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 426.5138, compared to 418.6077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.9061 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 12.2733 VND (High: 423.4190 / Low: 411.1458). On the other end, November was the most stable month, with a tight range of 6.9525 VND (High: 420.8154 / Low: 413.8629).
Growth Streaks & Declines
TrendsNo 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 5.4599 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 429.9468) against the same month in 2018 (average: 449.8428), the exchange rate shifted by -19.8960 (-4.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 435.4675 | 425.5942 | 429.9468 |
| February | 432.9768 | 422.9455 | 427.6261 |
| March | 429.8424 | 422.5597 | 426.2569 |
| April | 427.7949 | 420.4246 | 423.9151 |
| May | 427.3532 | 420.3445 | 423.8621 |
| June | 431.7230 | 421.2255 | 427.4759 |
| July | 431.0497 | 419.9684 | 424.8170 |
| August | 423.4190 | 411.1458 | 419.3571 |
| September | 420.2739 | 411.3916 | 415.2193 |
| October | 421.2393 | 411.0780 | 416.8468 |
| November | 420.8154 | 413.8629 | 416.7680 |
| December | 423.1784 | 414.4560 | 418.6380 |