2021 MOP to MKD Historical Review

YEARLY HIGH

6.8484 MKD

YEARLY LOW

6.2625 MKD

YEARLY AVERAGE

6.5067 MKD

2021 MOP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MOP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 6.8484. Conversely, the yearly low was recorded on January 6, dropping to 6.2625.

This high-to-low spread represents a total annual volatility of 0.5859 MKD. From a start-to-finish perspective, comparing the January average rate of 6.3385 to the December average rate of 6.7826, the exchange rate registered a net change of 7.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.8484 was down 5.40% compared to the 2020 peak of 7.2390, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,242 MKD

2020 Average 33,837 MKD

Yearly Trough Low 31,313 MKD

Transaction Impact: A difference of 2,929.33 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.8270

6.2940

JanuMarcMayJulySeptNove

MOP 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 6.3958, compared to 6.6177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2219 points.

H1 Avg (Jan–Jun) 6.3958

H2 Avg (Jul–Dec) 6.6177

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2284 MKD (High: 6.8484 / Low: 6.6199). On the other end, December was the most stable month, with a tight range of 0.0496 MKD (High: 6.8091 / Low: 6.7595).

November Spread (Volatile) ±0.2284

December Spread (Stable) ±0.0496

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0971 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0971

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 6.7315) against the same month in 2020 (average: 6.5187), the exchange rate shifted by +0.2129 (+3.27%).

2021 Avg (November) 6.7315

2020 Avg (November) 6.5187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.3876	6.2625	6.3385
February	6.4524	6.3338	6.3816
March	6.5663	6.3797	6.4782
April	6.5536	6.3459	6.4386
May	6.4117	6.2873	6.3415
June	6.4890	6.3078	6.3963
July	6.5464	6.4579	6.5100
August	6.5735	6.4568	6.5310
September	6.6313	6.4734	6.5236
October	6.6696	6.5844	6.6273
November	6.8484	6.6199	6.7315
December	6.8091	6.7595	6.7826