2021 CVE to MKD Historical Review

YEARLY HIGH

0.5647 MKD

YEARLY LOW

0.5391 MKD

YEARLY AVERAGE

0.5566 MKD

2021 CVE to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.5647. Conversely, the yearly low was recorded on June 28, dropping to 0.5391.

This high-to-low spread represents a total annual volatility of 0.0256 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5566 to the December average rate of 0.5561, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5647 was down 0.03% compared to the 2020 peak of 0.5649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,824 MKD

2020 Average 2,779 MKD

Yearly Trough Low 2,696 MKD

Transaction Impact: A difference of 128.08 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5585

0.5557

JanuMarcMayJulySeptNove

CVE 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 0.5563, compared to 0.5569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.5563

H2 Avg (Jul–Dec) 0.5569

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0256 MKD (High: 0.5647 / Low: 0.5391). On the other end, September was the most stable month, with a tight range of 0.0040 MKD (High: 0.5584 / Low: 0.5544).

June Spread (Volatile) ±0.0256

September Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.5559) against the same month in 2020 (average: 0.5568), the exchange rate shifted by -0.0009 (-0.16%).

2021 Avg (June) 0.5559

2020 Avg (June) 0.5568

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.5587	0.5538	0.5566
February	0.5587	0.5538	0.5566
March	0.5578	0.5536	0.5565
April	0.5591	0.5537	0.5561
May	0.5588	0.5521	0.5560
June	0.5647	0.5391	0.5559
July	0.5580	0.5515	0.5560
August	0.5610	0.5547	0.5583
September	0.5584	0.5544	0.5568
October	0.5588	0.5534	0.5567
November	0.5625	0.5534	0.5575
December	0.5585	0.5532	0.5561

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा