YEARLY HIGH
10.7817 XAF
YEARLY LOW
10.5199 XAF
YEARLY AVERAGE
10.6587 XAF

2019 MKD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 10.7817. Conversely, the yearly low was recorded on August 24, dropping to 10.5199.

This high-to-low spread represents a total annual volatility of 0.2618 XAF. From a start-to-finish perspective, comparing the January average rate of 10.6437 to the December average rate of 10.6652, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 10.7817 was down 1.07% compared to the 2018 peak of 10.8984, 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 53,908 XAF
2018 Average 53,272 XAF
Yearly Trough Low 52,600 XAF
Transaction Impact: A difference of 1,308.83 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

10.6996
10.6386
JanuMarcMayJulySeptNove

MKD to XAF 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 10.6517, compared to 10.6657 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 10.6517
H2 Avg (Jul–Dec) 10.6657

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.2434 XAF (High: 10.7633 / Low: 10.5199). On the other end, November was the most stable month, with a tight range of 0.0230 XAF (High: 10.6696 / Low: 10.6466).

August Spread (Volatile) ±0.2434
November Spread (Stable) ±0.0230

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0386 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0386

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 10.6946) against the same month in 2018 (average: 10.6466), the exchange rate shifted by +0.0480 (+0.45%).

2019 Avg (July) 10.6946
2018 Avg (July) 10.6466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7636 10.5525 10.6437
February 10.6839 10.5933 10.6488
March 10.7405 10.6049 10.6673
April 10.6905 10.6225 10.6585
May 10.6776 10.5924 10.6453
June 10.7414 10.5625 10.6467
July 10.7817 10.5991 10.6946
August 10.7633 10.5199 10.6560
September 10.7745 10.5879 10.6594
October 10.6946 10.6244 10.6584
November 10.6696 10.6466 10.6606
December 10.7180 10.6102 10.6652