YEARLY HIGH
0.0276 MKD
YEARLY LOW
0.0252 MKD
YEARLY AVERAGE
0.0262 MKD

2021 CDF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CDF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 0.0276. Conversely, the yearly low was recorded on May 22, dropping to 0.0252.

This high-to-low spread represents a total annual volatility of 0.0024 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0257 to the December average rate of 0.0272, the exchange rate registered a net change of 6.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0276 was down 18.98% compared to the 2020 peak of 0.0341, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 138 MKD
2020 Average 147 MKD
Yearly Trough Low 126 MKD
Transaction Impact: A difference of 12.19 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0274
0.0252
JanuMarcMayJulySeptNove

CDF 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 0.0257, compared to 0.0266 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0008 points.

H1 Avg (JanтАУJun) 0.0257
H2 Avg (JulтАУDec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0010 MKD (High: 0.0265 / Low: 0.0254). On the other end, July was the most stable month, with a tight range of 0.0004 MKD (High: 0.0263 / Low: 0.0259).

April Spread (Volatile) ┬▒0.0010
July Spread (Stable) ┬▒0.0004

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0272) against the same month in 2020 (average: 0.0260), the exchange rate shifted by +0.0013 (+4.90%).

2021 Avg (December) 0.0272
2020 Avg (December) 0.0260

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

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Month High Low Average
January 0.0259 0.0254 0.0257
February 0.0260 0.0255 0.0257
March 0.0264 0.0257 0.0261
April 0.0265 0.0254 0.0259
May 0.0257 0.0252 0.0254
June 0.0261 0.0253 0.0257
July 0.0263 0.0259 0.0261
August 0.0265 0.0260 0.0263
September 0.0267 0.0261 0.0263
October 0.0269 0.0263 0.0266
November 0.0275 0.0264 0.0269
December 0.0276 0.0271 0.0272