YEARLY HIGH
43.4431 MKD
YEARLY LOW
39.3506 MKD
YEARLY AVERAGE
41.5519 MKD

2021 CAD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 43.4431. Conversely, the yearly low was recorded on January 4, dropping to 39.3506.

This high-to-low spread represents a total annual volatility of 4.0925 MKD. From a start-to-finish perspective, comparing the January average rate of 39.7874 to the December average rate of 42.5725, the exchange rate registered a net change of 7.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 43.4431 was up 0.78% compared to the 2020 peak of 43.1084, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 217,215 MKD
2020 Average 201,516 MKD
Yearly Trough Low 196,753 MKD
Transaction Impact: A difference of 20,462.67 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

43.2646
39.4713
JanuMarcMayJulySeptNove

CAD 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: JanтАУJun) was 40.9951, compared to 42.1088 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.1137 points.

H1 Avg (JanтАУJun) 40.9951
H2 Avg (JulтАУDec) 42.1088

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 1.5152 MKD (High: 41.8128 / Low: 40.2976). On the other end, June was the most stable month, with a tight range of 0.6729 MKD (High: 42.0748 / Low: 41.4019).

March Spread (Volatile) ┬▒1.5152
June Spread (Stable) ┬▒0.6729

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.3760 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3760

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 42.9485) against the same month in 2020 (average: 39.8015), the exchange rate shifted by +3.1470 (+7.91%).

2021 Avg (November) 42.9485
2020 Avg (November) 39.8015

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 40.2888 39.3506 39.7874
February 40.4736 39.7116 40.1409
March 41.8128 40.2976 41.2092
April 41.8840 40.5351 41.2063
May 42.1004 41.4124 41.8226
June 42.0748 41.4019 41.8040
July 42.1850 40.9676 41.6356
August 41.9872 41.0515 41.5508
September 41.9425 40.9512 41.2682
October 42.9885 42.0901 42.6769
November 43.4431 42.5394 42.9485
December 43.2438 42.1724 42.5725