YEARLY HIGH
56.9583 MNT
YEARLY LOW
51.9600 MNT
YEARLY AVERAGE
54.7675 MNT

2021 MKD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 56.9583. Conversely, the yearly low was recorded on November 24, dropping to 51.9600.

This high-to-low spread represents a total annual volatility of 4.9982 MNT. From a start-to-finish perspective, comparing the January average rate of 56.3616 to the December average rate of 52.4596, the exchange rate registered a net change of -6.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 56.9583 was down 0.17% compared to the 2020 peak of 57.0548, 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 284,791 MNT
2020 Average 260,254 MNT
Yearly Trough Low 259,800 MNT
Transaction Impact: A difference of 24,991.22 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

56.7518
52.0694
JanuMarcMayJulySeptNove

MKD to MNT 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 55.7771, compared to 53.7580 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 2.0191 points.

H1 Avg (JanтАУJun) 55.7771
H2 Avg (JulтАУDec) 53.7580

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.7839 MNT (High: 53.7440 / Low: 51.9600). On the other end, December was the most stable month, with a tight range of 0.5324 MNT (High: 52.6790 / Low: 52.1467).

November Spread (Volatile) ┬▒1.7839
December Spread (Stable) ┬▒0.5324

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 0.9741 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9741

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 56.3616) against the same month in 2020 (average: 48.8045), the exchange rate shifted by +7.5571 (+15.48%).

2021 Avg (January) 56.3616
2020 Avg (January) 48.8045

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 56.9583 55.9122 56.3616
February 56.3878 55.3838 55.9823
March 55.9410 54.2925 55.0441
April 56.1950 54.4212 55.3708
May 56.7421 55.5580 56.2151
June 56.5536 54.8567 55.6887
July 55.1229 54.3930 54.7146
August 55.1328 54.1272 54.4675
September 54.8548 53.5134 54.3524
October 54.0749 53.2646 53.6774
November 53.7440 51.9600 52.8763
December 52.6790 52.1467 52.4596