YEARLY HIGH
2.1896 KES
YEARLY LOW
2.0418 KES
YEARLY AVERAGE
2.1058 KES

2021 MKD to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.1896. Conversely, the yearly low was recorded on November 24, dropping to 2.0418.

This high-to-low spread represents a total annual volatility of 0.1479 KES. From a start-to-finish perspective, comparing the January average rate of 2.1707 to the December average rate of 2.0734, the exchange rate registered a net change of -4.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1896 was down 1.26% compared to the 2020 peak of 2.2177, 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 10,948 KES
2020 Average 9,872 KES
Yearly Trough Low 10,209 KES
Transaction Impact: A difference of 739.36 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1805
2.0637
JanuMarcMayJulySeptNove

MKD to KES 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 2.1272, compared to 2.0843 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0429 points.

H1 Avg (JanтАУJun) 2.1272
H2 Avg (JulтАУDec) 2.0843

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0702 KES (High: 2.1534 / Low: 2.0832). On the other end, December was the most stable month, with a tight range of 0.0202 KES (High: 2.0842 / Low: 2.0641).

March Spread (Volatile) ┬▒0.0702
December Spread (Stable) ┬▒0.0202

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.0342 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.1707) against the same month in 2020 (average: 1.8252), the exchange rate shifted by +0.3455 (+18.93%).

2021 Avg (January) 2.1707
2020 Avg (January) 1.8252

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 2.1896 2.1569 2.1707
February 2.1700 2.1297 2.1517
March 2.1534 2.0832 2.1175
April 2.1312 2.0711 2.0961
May 2.1480 2.0833 2.1189
June 2.1366 2.0797 2.1085
July 2.1003 2.0661 2.0764
August 2.1076 2.0738 2.0875
September 2.1232 2.0770 2.1071
October 2.1077 2.0728 2.0881
November 2.1013 2.0418 2.0735
December 2.0842 2.0641 2.0734