2021 CNY to MKD Historical Review

YEARLY HIGH

8.6078 MKD

YEARLY LOW

7.7214 MKD

YEARLY AVERAGE

8.0752 MKD

2021 CNY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 8.6078. Conversely, the yearly low was recorded on January 3, dropping to 7.7214.

This high-to-low spread represents a total annual volatility of 0.8864 MKD. From a start-to-finish perspective, comparing the January average rate of 7.8211 to the December average rate of 8.5545, the exchange rate registered a net change of 9.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.6078 was up 5.59% compared to the 2020 peak of 8.1518, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 215,196 MKD

2020 Average 195,795 MKD

Yearly Trough Low 193,036 MKD

Transaction Impact: A difference of 22,160.15 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.6278

7.7478

JanuMarcMayJulySeptNove

CNY 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 7.9005, compared to 8.2499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3493 points.

H1 Avg (Jan–Jun) 7.9005

H2 Avg (Jul–Dec) 8.2499

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3256 MKD (High: 8.6078 / Low: 8.2823). On the other end, December was the most stable month, with a tight range of 0.0729 MKD (High: 8.6001 / Low: 8.5272).

November Spread (Volatile) ±0.3256

December Spread (Stable) ±0.0729

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0576 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 8.4545) against the same month in 2020 (average: 7.8838), the exchange rate shifted by +0.5707 (+7.24%).

2021 Avg (November) 8.4545

2020 Avg (November) 7.8838

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	7.9111	7.7214	7.8211
February	7.9616	7.8077	7.8837
March	8.0177	7.8801	7.9549
April	7.9900	7.8302	7.8973
May	7.9295	7.8295	7.8880
June	8.0384	7.8922	7.9581
July	8.0893	8.0022	8.0421
August	8.1169	8.0007	8.0823
September	8.2530	8.0255	8.0965
October	8.3259	8.2241	8.2694
November	8.6078	8.2823	8.4545
December	8.6001	8.5272	8.5545

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा