2021 MMK to MKD Historical Review

YEARLY HIGH

0.0385 MKD

YEARLY LOW

0.0271 MKD

YEARLY AVERAGE

0.0327 MKD

2021 MMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0385. Conversely, the yearly low was recorded on October 7, dropping to 0.0271.

This high-to-low spread represents a total annual volatility of 0.0114 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0381 to the December average rate of 0.0306, the exchange rate registered a net change of -19.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0385 was down 6.27% compared to the 2020 peak of 0.0411, 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 193 MKD

2020 Average 197 MKD

Yearly Trough Low 136 MKD

Transaction Impact: A difference of 57.03 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0390

0.0271

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 0.0350, compared to 0.0303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0350

H2 Avg (Jul–Dec) 0.0303

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0047 MKD (High: 0.0372 / Low: 0.0326). On the other end, December was the most stable month, with a tight range of 0.0003 MKD (High: 0.0307 / Low: 0.0304).

April Spread (Volatile) ±0.0047

December Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between June and August, 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 April and May, when the average rate fell by 0.0041 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0364) against the same month in 2020 (average: 0.0389), the exchange rate shifted by -0.0025 (-6.53%).

2021 Avg (February) 0.0364

2020 Avg (February) 0.0389

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0384	0.0378	0.0381
February	0.0385	0.0359	0.0364
March	0.0373	0.0362	0.0367
April	0.0372	0.0326	0.0359
May	0.0329	0.0305	0.0318
June	0.0315	0.0306	0.0311
July	0.0318	0.0314	0.0317
August	0.0320	0.0314	0.0318
September	0.0316	0.0280	0.0297
October	0.0295	0.0271	0.0281
November	0.0308	0.0290	0.0302
December	0.0307	0.0304	0.0306