YEARLY HIGH
4.1845 GYD
YEARLY LOW
3.8028 GYD
YEARLY AVERAGE
4.0175 GYD

2021 MKD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 4.1845. Conversely, the yearly low was recorded on November 25, dropping to 3.8028.

This high-to-low spread represents a total annual volatility of 0.3817 GYD. From a start-to-finish perspective, comparing the January average rate of 4.1319 to the December average rate of 3.8399, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.1845 was up 0.20% compared to the 2020 peak of 4.1763, 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 20,922 GYD
2020 Average 19,366 GYD
Yearly Trough Low 19,014 GYD
Transaction Impact: A difference of 1,908.47 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.1611
3.8107
JanuMarcMayJulySeptNove

MKD to GYD 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 4.0915, compared to 3.9435 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1480 points.

H1 Avg (JanтАУJun) 4.0915
H2 Avg (JulтАУDec) 3.9435

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1416 GYD (High: 3.9444 / Low: 3.8028). On the other end, December was the most stable month, with a tight range of 0.0326 GYD (High: 3.8550 / Low: 3.8223).

November Spread (Volatile) ┬▒0.1416
December Spread (Stable) ┬▒0.0326

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0759 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0759

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 4.1319) against the same month in 2020 (average: 3.7711), the exchange rate shifted by +0.3608 (+9.57%).

2021 Avg (January) 4.1319
2020 Avg (January) 3.7711

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 4.1845 4.1012 4.1319
February 4.1346 4.0606 4.1044
March 4.1042 3.9814 4.0381
April 4.1234 3.9852 4.0614
May 4.1549 4.0772 4.1231
June 4.1484 4.0319 4.0900
July 4.0388 3.9901 4.0141
August 4.0395 3.9662 3.9940
September 4.0365 3.9299 4.0003
October 3.9665 3.9139 3.9390
November 3.9444 3.8028 3.8740
December 3.8550 3.8223 3.8399