YEARLY HIGH
0.0377 MKD
YEARLY LOW
0.0342 MKD
YEARLY AVERAGE
0.0357 MKD

2021 IQD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0377. Conversely, the yearly low was recorded on January 6, dropping to 0.0342.

This high-to-low spread represents a total annual volatility of 0.0035 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0346 to the December average rate of 0.0373, the exchange rate registered a net change of 7.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0377 was down 21.87% compared to the 2020 peak of 0.0483, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 189 MKD
2020 Average 226 MKD
Yearly Trough Low 171 MKD
Transaction Impact: A difference of 17.47 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0376
0.0344
JanuMarcMayJulySeptNove

IQD 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 0.0350, compared to 0.0364 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0013 points.

H1 Avg (JanтАУJun) 0.0350
H2 Avg (JulтАУDec) 0.0364

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0014 MKD (High: 0.0377 / Low: 0.0364). On the other end, July was the most stable month, with a tight range of 0.0005 MKD (High: 0.0359 / Low: 0.0354).

November Spread (Volatile) ┬▒0.0014
July Spread (Stable) ┬▒0.0005

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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0370) against the same month in 2020 (average: 0.0437), the exchange rate shifted by -0.0067 (-15.27%).

2021 Avg (November) 0.0370
2020 Avg (November) 0.0437

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 0.0349 0.0342 0.0346
February 0.0353 0.0347 0.0349
March 0.0360 0.0349 0.0355
April 0.0360 0.0347 0.0353
May 0.0352 0.0344 0.0347
June 0.0356 0.0345 0.0350
July 0.0359 0.0354 0.0357
August 0.0362 0.0354 0.0359
September 0.0364 0.0355 0.0358
October 0.0366 0.0361 0.0364
November 0.0377 0.0364 0.0370
December 0.0375 0.0370 0.0373