2021 MKD to ILS Historical Review

YEARLY HIGH

0.0655 ILS

YEARLY LOW

0.0563 ILS

YEARLY AVERAGE

0.0621 ILS

2021 MKD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0655. Conversely, the yearly low was recorded on November 22, dropping to 0.0563.

This high-to-low spread represents a total annual volatility of 0.0091 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0638 to the December average rate of 0.0575, the exchange rate registered a net change of -9.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0655 was down 5.07% compared to the 2020 peak of 0.0689, 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 327 ILS

2020 Average 318 ILS

Yearly Trough Low 282 ILS

Transaction Impact: A difference of 45.73 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0649

0.0568

JanuMarcMayJulySeptNove

MKD to ILS 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 0.0639, compared to 0.0602 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0639

H2 Avg (Jul–Dec) 0.0602

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0029 ILS (High: 0.0646 / Low: 0.0618). On the other end, July was the most stable month, with a tight range of 0.0010 ILS (High: 0.0632 / Low: 0.0623).

January Spread (Volatile) ±0.0029

July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0027 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0642) against the same month in 2020 (average: 0.0608), the exchange rate shifted by +0.0034 (+5.61%).

2021 Avg (February) 0.0642

2020 Avg (February) 0.0608

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.0646	0.0618	0.0638
February	0.0655	0.0636	0.0642
March	0.0647	0.0633	0.0640
April	0.0641	0.0631	0.0637
May	0.0649	0.0634	0.0643
June	0.0644	0.0628	0.0636
July	0.0632	0.0623	0.0628
August	0.0624	0.0613	0.0616
September	0.0618	0.0606	0.0613
October	0.0609	0.0597	0.0605
November	0.0590	0.0563	0.0578
December	0.0581	0.0567	0.0575

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