YEARLY HIGH
73.6848 MKD
YEARLY LOW
68.0907 MKD
YEARLY AVERAGE
71.6452 MKD

2021 FKP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 73.6848. Conversely, the yearly low was recorded on January 6, dropping to 68.0907.

This high-to-low spread represents a total annual volatility of 5.5941 MKD. From a start-to-finish perspective, comparing the January average rate of 69.0861 to the December average rate of 72.5232, the exchange rate registered a net change of 4.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 73.6848 was down 0.63% compared to the 2020 peak of 74.1550, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 368,424 MKD
2020 Average 346,675 MKD
Yearly Trough Low 340,454 MKD
Transaction Impact: A difference of 27,970.59 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

73.0253
68.7280
JanuMarcMayJulySeptNove

FKP 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 70.9845, compared to 72.3059 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.3214 points.

H1 Avg (JanтАУJun) 70.9845
H2 Avg (JulтАУDec) 72.3059

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.6275 MKD (High: 72.9586 / Low: 70.3311). On the other end, June was the most stable month, with a tight range of 1.0115 MKD (High: 72.1637 / Low: 71.1522).

April Spread (Volatile) ┬▒2.6275
June Spread (Stable) ┬▒1.0115

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5081 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 72.5232) against the same month in 2020 (average: 68.0893), the exchange rate shifted by +4.4339 (+6.51%).

2021 Avg (December) 72.5232
2020 Avg (December) 68.0893

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 69.7608 68.0907 69.0861
February 71.6475 69.8589 70.7100
March 72.4264 71.1068 71.7875
April 72.9586 70.3311 71.2793
May 71.7585 70.3339 71.3904
June 72.1637 71.1522 71.6536
July 72.4760 71.3799 71.9565
August 72.7728 71.6552 72.2291
September 72.2430 70.9889 71.8404
October 73.1556 72.0991 72.6672
November 73.5417 71.5501 72.6188
December 73.6848 71.7713 72.5232