YEARLY HIGH
10.7520 XAF
YEARLY LOW
10.5740 XAF
YEARLY AVERAGE
10.6486 XAF

2021 MKD to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 10.7520. Conversely, the yearly low was recorded on February 6, dropping to 10.5740.

This high-to-low spread represents a total annual volatility of 0.1780 XAF. From a start-to-finish perspective, comparing the January average rate of 10.6469 to the December average rate of 10.6474, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.7520 was down 0.84% compared to the 2020 peak of 10.8429, 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 53,760 XAF
2020 Average 53,205 XAF
Yearly Trough Low 52,870 XAF
Transaction Impact: A difference of 889.85 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.6607
10.6400
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 10.6471, compared to 10.6500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 10.6471
H2 Avg (Jul–Dec) 10.6500

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.1676 XAF (High: 10.7416 / Low: 10.5740). On the other end, March was the most stable month, with a tight range of 0.0526 XAF (High: 10.6610 / Low: 10.6084).

February Spread (Volatile) ±0.1676
March Spread (Stable) ±0.0526

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0100 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 10.6587) against the same month in 2020 (average: 10.6398), the exchange rate shifted by +0.0189 (+0.18%).

2021 Avg (June) 10.6587
2020 Avg (June) 10.6398

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.7158 10.6151 10.6469
February 10.7416 10.5740 10.6418
March 10.6610 10.6084 10.6417
April 10.7211 10.5743 10.6449
May 10.7207 10.5783 10.6487
June 10.7520 10.6104 10.6587
July 10.7044 10.6280 10.6488
August 10.6976 10.6010 10.6441
September 10.6950 10.6347 10.6589
October 10.7324 10.6262 10.6524
November 10.7052 10.6057 10.6483
December 10.7313 10.5909 10.6474