YEARLY HIGH
3.1079 MKD
YEARLY LOW
2.8388 MKD
YEARLY AVERAGE
2.9530 MKD

2021 MDL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MDL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 3.1079. Conversely, the yearly low was recorded on May 20, dropping to 2.8388.

This high-to-low spread represents a total annual volatility of 0.2691 MKD. From a start-to-finish perspective, comparing the January average rate of 2.9360 to the December average rate of 3.0731, the exchange rate registered a net change of 4.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.1079 was down 4.40% compared to the 2020 peak of 3.2508, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,540 MKD
2020 Average 15,677 MKD
Yearly Trough Low 14,194 MKD
Transaction Impact: A difference of 1,345.68 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.0937
2.8461
JanuMarcMayJulySeptNove

MDL 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 2.9024, compared to 3.0036 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1012 points.

H1 Avg (JanтАУJun) 2.9024
H2 Avg (JulтАУDec) 3.0036

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.1102 MKD (High: 3.0040 / Low: 2.8937). On the other end, July was the most stable month, with a tight range of 0.0400 MKD (High: 2.9148 / Low: 2.8748).

August Spread (Volatile) ┬▒0.1102
July Spread (Stable) ┬▒0.0400

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0475 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.0731) against the same month in 2020 (average: 2.9449), the exchange rate shifted by +0.1282 (+4.35%).

2021 Avg (December) 3.0731
2020 Avg (December) 2.9449

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 2.9692 2.9019 2.9360
February 2.9594 2.8950 2.9270
March 2.9690 2.9063 2.9268
April 2.9086 2.8479 2.8793
May 2.8925 2.8388 2.8668
June 2.9095 2.8587 2.8783
July 2.9148 2.8748 2.8954
August 3.0040 2.8937 2.9629
September 3.0325 2.9401 2.9718
October 3.0870 3.0115 3.0506
November 3.0999 3.0330 3.0678
December 3.1079 3.0488 3.0731