YEARLY HIGH
0.7115 MKD
YEARLY LOW
0.5222 MKD
YEARLY AVERAGE
0.5876 MKD

2021 HTG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HTG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.7115. Conversely, the yearly low was recorded on October 28, dropping to 0.5222.

This high-to-low spread represents a total annual volatility of 0.1893 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6942 to the December average rate of 0.5416, the exchange rate registered a net change of -21.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7115 was down 15.13% compared to the 2020 peak of 0.8384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,558 MKD
2020 Average 2,984 MKD
Yearly Trough Low 2,611 MKD
Transaction Impact: A difference of 946.47 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7104
0.5164
JanuMarcMayJulySeptNove

HTG 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 0.6343, compared to 0.5409 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0934 points.

H1 Avg (JanтАУJun) 0.6343
H2 Avg (JulтАУDec) 0.5409

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0645 MKD (High: 0.6566 / Low: 0.5921). On the other end, November was the most stable month, with a tight range of 0.0184 MKD (High: 0.5566 / Low: 0.5382).

April Spread (Volatile) ┬▒0.0645
November Spread (Stable) ┬▒0.0184

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0523 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0523

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.6913) against the same month in 2020 (average: 0.5789), the exchange rate shifted by +0.1125 (+19.43%).

2021 Avg (February) 0.6913
2020 Avg (February) 0.5789

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 0.7084 0.6847 0.6942
February 0.7115 0.6655 0.6913
March 0.6899 0.6503 0.6625
April 0.6566 0.5921 0.6274
May 0.5991 0.5504 0.5751
June 0.5671 0.5457 0.5552
July 0.5725 0.5389 0.5516
August 0.5547 0.5259 0.5384
September 0.5466 0.5229 0.5326
October 0.5428 0.5222 0.5344
November 0.5566 0.5382 0.5469
December 0.5524 0.5318 0.5416