2021 MKD to ETB Historical Review

YEARLY HIGH

4.1620 ETB

YEARLY LOW

0.7651 ETB

YEARLY AVERAGE

0.8490 ETB

2021 MKD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 4.1620. Conversely, the yearly low was recorded on February 6, dropping to 0.7651.

This high-to-low spread represents a total annual volatility of 3.3970 ETB. From a start-to-finish perspective, comparing the January average rate of 0.7784 to the December average rate of 0.9976, the exchange rate registered a net change of 28.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.1620 was up 430.04% compared to the 2020 peak of 0.7852, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 20,810 ETB

2020 Average 3,245 ETB

Yearly Trough Low 3,825 ETB

Transaction Impact: A difference of 16,984.76 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0196

0.7565

JanuMarcMayJulySeptNove

MKD to ETB 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 0.8069, compared to 0.8912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0843 points.

H1 Avg (Jan–Jun) 0.8069

H2 Avg (Jul–Dec) 0.8912

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 3.2833 ETB (High: 4.1620 / Low: 0.8787). On the other end, January was the most stable month, with a tight range of 0.0162 ETB (High: 0.7868 / Low: 0.7707).

December Spread (Volatile) ±3.2833

January Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.9976) against the same month in 2020 (average: 0.7645), the exchange rate shifted by +0.2332 (+30.50%).

2021 Avg (December) 0.9976

2020 Avg (December) 0.7645

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.7868	0.7707	0.7784
February	0.7975	0.7651	0.7817
March	0.7973	0.7674	0.7816
April	0.8285	0.7819	0.8083
May	0.8639	0.8214	0.8408
June	0.8618	0.8391	0.8507
July	0.8577	0.8403	0.8460
August	0.8761	0.8482	0.8618
September	0.8891	0.8701	0.8811
October	0.8969	0.8673	0.8808
November	0.8930	0.8648	0.8796
December	4.1620	0.8787	0.9976

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा