YEARLY HIGH
0.3089 MKD
YEARLY LOW
0.2809 MKD
YEARLY AVERAGE
0.2926 MKD

2021 DJF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DJF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.3089. Conversely, the yearly low was recorded on January 6, dropping to 0.2809.

This high-to-low spread represents a total annual volatility of 0.0281 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2842 to the December average rate of 0.3061, the exchange rate registered a net change of 7.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3089 was down 4.34% compared to the 2020 peak of 0.3230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,545 MKD
2020 Average 1,518 MKD
Yearly Trough Low 1,404 MKD
Transaction Impact: A difference of 140.33 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3082
0.2820
JanuMarcMayJulySeptNove

DJF 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 0.2872, compared to 0.2980 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0108 points.

H1 Avg (JanтАУJun) 0.2872
H2 Avg (JulтАУDec) 0.2980

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0109 MKD (High: 0.3089 / Low: 0.2981). On the other end, July was the most stable month, with a tight range of 0.0036 MKD (High: 0.2943 / Low: 0.2906).

November Spread (Volatile) ┬▒0.0109
July Spread (Stable) ┬▒0.0036

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 0.0046 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.3035) against the same month in 2020 (average: 0.2924), the exchange rate shifted by +0.0111 (+3.79%).

2021 Avg (November) 0.3035
2020 Avg (November) 0.2924

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 0.2866 0.2809 0.2842
February 0.2894 0.2842 0.2863
March 0.2954 0.2863 0.2910
April 0.2949 0.2850 0.2895
May 0.2886 0.2823 0.2849
June 0.2915 0.2831 0.2872
July 0.2943 0.2906 0.2927
August 0.2963 0.2904 0.2941
September 0.2989 0.2912 0.2937
October 0.3003 0.2963 0.2983
November 0.3089 0.2981 0.3035
December 0.3074 0.3034 0.3061