2019 MMK to MKD Historical Review

YEARLY HIGH

0.0372 MKD

YEARLY LOW

0.0349 MKD

YEARLY AVERAGE

0.0361 MKD

2019 MMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0372. Conversely, the yearly low was recorded on January 2, dropping to 0.0349.

This high-to-low spread represents a total annual volatility of 0.0023 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0352 to the December average rate of 0.0369, the exchange rate registered a net change of 4.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0372 was down 5.56% compared to the 2018 peak of 0.0394, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 186 MKD

2018 Average 181 MKD

Yearly Trough Low 174 MKD

Transaction Impact: A difference of 11.74 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0371

0.0350

JanuMarcMayJulySeptNove

MMK to MKD 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 0.0357, compared to 0.0365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0357

H2 Avg (Jul–Dec) 0.0365

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0011 MKD (High: 0.0362 / Low: 0.0351). On the other end, August was the most stable month, with a tight range of 0.0005 MKD (High: 0.0367 / Low: 0.0362).

March Spread (Volatile) ±0.0011

August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0369) against the same month in 2018 (average: 0.0345), the exchange rate shifted by +0.0024 (+6.86%).

2019 Avg (December) 0.0369

2018 Avg (December) 0.0345

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0358	0.0349	0.0352
February	0.0358	0.0351	0.0355
March	0.0362	0.0351	0.0357
April	0.0365	0.0357	0.0361
May	0.0363	0.0356	0.0360
June	0.0363	0.0355	0.0358
July	0.0366	0.0356	0.0362
August	0.0367	0.0362	0.0365
September	0.0369	0.0363	0.0365
October	0.0369	0.0360	0.0364
November	0.0371	0.0362	0.0367
December	0.0372	0.0365	0.0369