2021 ISK to MKD Historical Review

YEARLY HIGH

0.4223 MKD

YEARLY LOW

0.3922 MKD

YEARLY AVERAGE

0.4103 MKD

2021 ISK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.4223. Conversely, the yearly low was recorded on January 27, dropping to 0.3922.

This high-to-low spread represents a total annual volatility of 0.0301 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3939 to the December average rate of 0.4189, the exchange rate registered a net change of 6.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4223 was down 6.82% compared to the 2020 peak of 0.4532, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,111 MKD

2020 Average 2,001 MKD

Yearly Trough Low 1,961 MKD

Transaction Impact: A difference of 150.40 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4214

0.3914

JanuMarcMayJulySeptNove

ISK 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: Jan–Jun) was 0.4063, compared to 0.4143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.4063

H2 Avg (Jul–Dec) 0.4143

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0142 MKD (High: 0.4151 / Low: 0.4009). On the other end, December was the most stable month, with a tight range of 0.0043 MKD (High: 0.4216 / Low: 0.4172).

March Spread (Volatile) ±0.0142

December Spread (Stable) ±0.0043

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0071 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.4189) against the same month in 2020 (average: 0.3890), the exchange rate shifted by +0.0298 (+7.67%).

2021 Avg (July) 0.4189

2020 Avg (July) 0.3890

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.3968	0.3922	0.3939
February	0.4013	0.3947	0.3973
March	0.4151	0.4009	0.4069
April	0.4167	0.4055	0.4091
May	0.4187	0.4074	0.4114
June	0.4211	0.4156	0.4189
July	0.4223	0.4137	0.4189
August	0.4193	0.4102	0.4151
September	0.4115	0.4040	0.4080
October	0.4146	0.4076	0.4113
November	0.4207	0.4074	0.4134
December	0.4216	0.4172	0.4189

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा