YEARLY HIGH
15.8364 MWK
YEARLY LOW
14.8329 MWK
YEARLY AVERAGE
15.3491 MWK

2021 MKD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 15.8364. Conversely, the yearly low was recorded on November 24, dropping to 14.8329.

This high-to-low spread represents a total annual volatility of 1.0035 MWK. From a start-to-finish perspective, comparing the January average rate of 15.2670 to the December average rate of 14.9592, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.8364 was up 3.03% compared to the 2020 peak of 15.3702, 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 79,182 MWK
2020 Average 68,965 MWK
Yearly Trough Low 74,165 MWK
Transaction Impact: A difference of 5,017.54 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.7013
14.8917
JanuMarcMayJulySeptNove

MKD to MWK 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 15.3635, compared to 15.3347 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0287 points.

H1 Avg (JanтАУJun) 15.3635
H2 Avg (JulтАУDec) 15.3347

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.6770 MWK (High: 15.6352 / Low: 14.9582). On the other end, October was the most stable month, with a tight range of 0.1935 MWK (High: 15.4624 / Low: 15.2689).

April Spread (Volatile) ┬▒0.6770
October Spread (Stable) ┬▒0.1935

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 October and November, when the average rate fell by 0.2627 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 15.6338) against the same month in 2020 (average: 13.0302), the exchange rate shifted by +2.6036 (+19.98%).

2021 Avg (May) 15.6338
2020 Avg (May) 13.0302

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

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Month High Low Average
January 15.4155 15.1190 15.2670
February 15.4409 14.9689 15.2653
March 15.3200 14.9296 15.1078
April 15.6352 14.9582 15.2755
May 15.8364 15.4404 15.6338
June 15.8219 15.4065 15.6315
July 15.7127 15.3277 15.5082
August 15.7158 15.3884 15.5154
September 15.6758 15.3295 15.5559
October 15.4624 15.2689 15.3662
November 15.3650 14.8329 15.1036
December 15.1167 14.8865 14.9592