YEARLY HIGH
0.0013 MKD
YEARLY LOW
0.0012 MKD
YEARLY AVERAGE
0.0012 MKD

2021 IRR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IRR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0013. Conversely, the yearly low was recorded on January 6, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0001 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0012 to the December average rate of 0.0013, the exchange rate registered a net change of 7.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0013 was down 4.65% compared to the 2020 peak of 0.0014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 MKD
2020 Average 6 MKD
Yearly Trough Low 6 MKD
Transaction Impact: A difference of 0.57 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0013
0.0012
JanuMarcMayJulySeptNove

IRR 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 0.0012, compared to 0.0013 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0000 points.

H1 Avg (JanтАУJun) 0.0012
H2 Avg (JulтАУDec) 0.0013

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0000 MKD (High: 0.0013 / Low: 0.0013). On the other end, December was the most stable month, with a tight range of 0.0000 MKD (High: 0.0013 / Low: 0.0013).

November Spread (Volatile) ┬▒0.0000
December Spread (Stable) ┬▒0.0000

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 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0013) against the same month in 2020 (average: 0.0012), the exchange rate shifted by +0.0000 (+3.42%).

2021 Avg (November) 0.0013
2020 Avg (November) 0.0012

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Month High Low Average
January 0.0012 0.0012 0.0012
February 0.0012 0.0012 0.0012
March 0.0012 0.0012 0.0012
April 0.0012 0.0012 0.0012
May 0.0012 0.0012 0.0012
June 0.0012 0.0012 0.0012
July 0.0012 0.0012 0.0012
August 0.0013 0.0012 0.0012
September 0.0013 0.0012 0.0012
October 0.0013 0.0012 0.0013
November 0.0013 0.0013 0.0013
December 0.0013 0.0013 0.0013