YEARLY HIGH
1.9560 XPF
YEARLY LOW
1.9236 XPF
YEARLY AVERAGE
1.9372 XPF

2021 MKD to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 1.9560. Conversely, the yearly low was recorded on February 6, dropping to 1.9236.

This high-to-low spread represents a total annual volatility of 0.0324 XPF. From a start-to-finish perspective, comparing the January average rate of 1.9369 to the December average rate of 1.9370, 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 1.9560 was down 0.84% compared to the 2020 peak of 1.9725, 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 9,780 XPF
2020 Average 9,679 XPF
Yearly Trough Low 9,618 XPF
Transaction Impact: A difference of 161.88 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9394
1.9356
JanuMarcMayJulySeptNove

MKD to XPF 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 1.9369, compared to 1.9374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 1.9369
H2 Avg (Jul–Dec) 1.9374

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0305 XPF (High: 1.9541 / Low: 1.9236). On the other end, March was the most stable month, with a tight range of 0.0096 XPF (High: 1.9394 / Low: 1.9299).

February Spread (Volatile) ±0.0305
March Spread (Stable) ±0.0096

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 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1.9390) against the same month in 2020 (average: 1.9356), the exchange rate shifted by +0.0034 (+0.18%).

2021 Avg (June) 1.9390
2020 Avg (June) 1.9356

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9494 1.9311 1.9369
February 1.9541 1.9236 1.9360
March 1.9394 1.9299 1.9359
April 1.9504 1.9237 1.9365
May 1.9503 1.9244 1.9372
June 1.9560 1.9303 1.9390
July 1.9473 1.9334 1.9372
August 1.9461 1.9285 1.9364
September 1.9456 1.9347 1.9391
October 1.9524 1.9331 1.9379
November 1.9475 1.9294 1.9371
December 1.9522 1.9267 1.9370