YEARLY HIGH
1.9148 HTG
YEARLY LOW
1.4054 HTG
YEARLY AVERAGE
1.7191 HTG

2021 MKD to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 1.9148. Conversely, the yearly low was recorded on February 4, dropping to 1.4054.

This high-to-low spread represents a total annual volatility of 0.5094 HTG. From a start-to-finish perspective, comparing the January average rate of 1.4406 to the December average rate of 1.8467, the exchange rate registered a net change of 28.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.9148 was down 11.92% compared to the 2020 peak of 2.1740, 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 9,574 HTG
2020 Average 8,684 HTG
Yearly Trough Low 7,027 HTG
Transaction Impact: A difference of 2,547.03 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9216
1.3969
JanuMarcMayJulySeptNove

MKD to HTG 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 1.5890, compared to 1.8493 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.2603 points.

H1 Avg (JanтАУJun) 1.5890
H2 Avg (JulтАУDec) 1.8493

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1659 HTG (High: 1.6888 / Low: 1.5229). On the other end, January was the most stable month, with a tight range of 0.0488 HTG (High: 1.4604 / Low: 1.4116).

April Spread (Volatile) ┬▒0.1659
January Spread (Stable) ┬▒0.0488

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0428 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0428

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1.8716) against the same month in 2020 (average: 1.2120), the exchange rate shifted by +0.6596 (+54.42%).

2021 Avg (October) 1.8716
2020 Avg (October) 1.2120

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 1.4604 1.4116 1.4406
February 1.5026 1.4054 1.4472
March 1.5377 1.4495 1.5096
April 1.6888 1.5229 1.5954
May 1.8170 1.6691 1.7399
June 1.8326 1.7634 1.8014
July 1.8557 1.7468 1.8132
August 1.9014 1.8027 1.8574
September 1.9124 1.8294 1.8779
October 1.9148 1.8423 1.8716
November 1.8580 1.7965 1.8288
December 1.8803 1.8104 1.8467