YEARLY HIGH
0.0541 XCD
YEARLY LOW
0.0491 XCD
YEARLY AVERAGE
0.0519 XCD

2021 MKD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0541. Conversely, the yearly low was recorded on November 24, dropping to 0.0491.

This high-to-low spread represents a total annual volatility of 0.0049 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0534 to the December average rate of 0.0496, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0541 was up 0.24% compared to the 2020 peak of 0.0539, 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 270 XCD
2020 Average 250 XCD
Yearly Trough Low 246 XCD
Transaction Impact: A difference of 24.73 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0537
0.0492
JanuMarcMayJulySeptNove

MKD to XCD 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 0.0529, compared to 0.0510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0529
H2 Avg (Jul–Dec) 0.0510

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0018 XCD (High: 0.0509 / Low: 0.0491). On the other end, December was the most stable month, with a tight range of 0.0005 XCD (High: 0.0498 / Low: 0.0493).

November Spread (Volatile) ±0.0018
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0534) against the same month in 2020 (average: 0.0488), the exchange rate shifted by +0.0046 (+9.38%).

2021 Avg (January) 0.0534
2020 Avg (January) 0.0488

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0541 0.0529 0.0534
February 0.0534 0.0525 0.0530
March 0.0530 0.0514 0.0522
April 0.0533 0.0515 0.0525
May 0.0538 0.0527 0.0533
June 0.0536 0.0521 0.0529
July 0.0523 0.0516 0.0519
August 0.0523 0.0512 0.0516
September 0.0521 0.0508 0.0517
October 0.0512 0.0506 0.0509
November 0.0509 0.0491 0.0500
December 0.0498 0.0493 0.0496