2021 MKD to HNL Historical Review

YEARLY HIGH

0.4979 HNL

YEARLY LOW

0.4384 HNL

YEARLY AVERAGE

0.4630 HNL

2021 MKD to HNL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to HNL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.4979. Conversely, the yearly low was recorded on November 25, dropping to 0.4384.

This high-to-low spread represents a total annual volatility of 0.0595 HNL. From a start-to-finish perspective, comparing the January average rate of 0.4788 to the December average rate of 0.4456, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4979 was up 3.06% compared to the 2020 peak of 0.4831, 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 2,489 HNL

2020 Average 2,291 HNL

Yearly Trough Low 2,192 HNL

Transaction Impact: A difference of 297.29 HNL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4821

0.4423

JanuMarcMayJulySeptNove

MKD to HNL 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 0.4725, compared to 0.4536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0189 points.

H1 Avg (Jan–Jun) 0.4725

H2 Avg (Jul–Dec) 0.4536

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0249 HNL (High: 0.4979 / Low: 0.4729). On the other end, October was the most stable month, with a tight range of 0.0070 HNL (High: 0.4582 / Low: 0.4511).

January Spread (Volatile) ±0.0249

October Spread (Stable) ±0.0070

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 0.0120 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.4788) against the same month in 2020 (average: 0.4475), the exchange rate shifted by +0.0313 (+6.99%).

2021 Avg (January) 0.4788

2020 Avg (January) 0.4475

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.4979	0.4729	0.4788
February	0.4801	0.4708	0.4756
March	0.4764	0.4589	0.4674
April	0.4756	0.4581	0.4676
May	0.4795	0.4697	0.4751
June	0.4779	0.4606	0.4704
July	0.4624	0.4529	0.4584
August	0.4601	0.4502	0.4543
September	0.4637	0.4542	0.4609
October	0.4582	0.4511	0.4550
November	0.4551	0.4384	0.4473
December	0.4490	0.4416	0.4456

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