YEARLY HIGH
0.0489 WST
YEARLY LOW
0.0468 WST
YEARLY AVERAGE
0.0478 WST

2019 MKD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0489. Conversely, the yearly low was recorded on September 29, dropping to 0.0468.

This high-to-low spread represents a total annual volatility of 0.0020 WST. From a start-to-finish perspective, comparing the January average rate of 0.0484 to the December average rate of 0.0477, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0489 was down 4.55% compared to the 2018 peak of 0.0512, 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 244 WST
2018 Average 246 WST
Yearly Trough Low 234 WST
Transaction Impact: A difference of 10.24 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0485
0.0474
JanuMarcMayJulySeptNove

MKD to WST 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 0.0480, compared to 0.0477 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0480
H2 Avg (Jul–Dec) 0.0477

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 0.0014 WST (High: 0.0483 / Low: 0.0468). On the other end, May was the most stable month, with a tight range of 0.0005 WST (High: 0.0478 / Low: 0.0474).

September Spread (Volatile) ±0.0014
May Spread (Stable) ±0.0005

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0484) against the same month in 2018 (average: 0.0498), the exchange rate shifted by -0.0014 (-2.91%).

2019 Avg (January) 0.0484
2018 Avg (January) 0.0498

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0489 0.0481 0.0484
February 0.0487 0.0475 0.0481
March 0.0485 0.0475 0.0479
April 0.0481 0.0474 0.0476
May 0.0478 0.0474 0.0476
June 0.0487 0.0475 0.0481
July 0.0483 0.0475 0.0480
August 0.0487 0.0474 0.0479
September 0.0483 0.0468 0.0475
October 0.0482 0.0470 0.0476
November 0.0483 0.0472 0.0476
December 0.0482 0.0473 0.0477