YEARLY HIGH
0.0869 MKD
YEARLY LOW
0.0813 MKD
YEARLY AVERAGE
0.0838 MKD

2021 CRC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CRC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 0.0869. Conversely, the yearly low was recorded on May 25, dropping to 0.0813.

This high-to-low spread represents a total annual volatility of 0.0056 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0827 to the December average rate of 0.0855, the exchange rate registered a net change of 3.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0869 was down 15.02% compared to the 2020 peak of 0.1023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 434 MKD
2020 Average 463 MKD
Yearly Trough Low 407 MKD
Transaction Impact: A difference of 27.80 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0858
0.0819
JanuMarcMayJulySeptNove

CRC 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 0.0832, compared to 0.0844 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0012 points.

H1 Avg (JanтАУJun) 0.0832
H2 Avg (JulтАУDec) 0.0844

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0040 MKD (High: 0.0869 / Low: 0.0828). On the other end, July was the most stable month, with a tight range of 0.0010 MKD (High: 0.0845 / Low: 0.0835).

November Spread (Volatile) ┬▒0.0040
July Spread (Stable) ┬▒0.0010

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 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0845) against the same month in 2020 (average: 0.0855), the exchange rate shifted by -0.0010 (-1.22%).

2021 Avg (November) 0.0845
2020 Avg (November) 0.0855

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 0.0838 0.0818 0.0827
February 0.0840 0.0827 0.0833
March 0.0858 0.0832 0.0847
April 0.0855 0.0821 0.0840
May 0.0834 0.0813 0.0822
June 0.0837 0.0815 0.0826
July 0.0845 0.0835 0.0840
August 0.0850 0.0834 0.0843
September 0.0850 0.0830 0.0837
October 0.0854 0.0829 0.0846
November 0.0869 0.0828 0.0845
December 0.0868 0.0846 0.0855