YEARLY HIGH
0.0226 MKD
YEARLY LOW
0.0203 MKD
YEARLY AVERAGE
0.0214 MKD

2019 MNT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MNT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 0.0226. Conversely, the yearly low was recorded on December 31, dropping to 0.0203.

This high-to-low spread represents a total annual volatility of 0.0022 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0220 to the December average rate of 0.0205, the exchange rate registered a net change of -6.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0226 was down 6.58% compared to the 2018 peak of 0.0241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 113 MKD
2018 Average 107 MKD
Yearly Trough Low 102 MKD
Transaction Impact: A difference of 11.24 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0226
0.0203
JanuMarcMayJulySeptNove

MNT 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 0.0220, compared to 0.0207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0220
H2 Avg (Jul–Dec) 0.0207

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0021 MKD (High: 0.0225 / Low: 0.0204). On the other end, January was the most stable month, with a tight range of 0.0002 MKD (High: 0.0221 / Low: 0.0218).

June Spread (Volatile) ±0.0021
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and May, 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 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.0224) against the same month in 2018 (average: 0.0217), the exchange rate shifted by +0.0007 (+3.26%).

2019 Avg (May) 0.0224
2018 Avg (May) 0.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0221 0.0218 0.0220
February 0.0222 0.0216 0.0219
March 0.0223 0.0215 0.0219
April 0.0225 0.0216 0.0220
May 0.0226 0.0218 0.0224
June 0.0225 0.0204 0.0220
July 0.0207 0.0204 0.0206
August 0.0209 0.0206 0.0208
September 0.0212 0.0208 0.0210
October 0.0212 0.0206 0.0209
November 0.0208 0.0206 0.0207
December 0.0207 0.0203 0.0205