YEARLY HIGH
0.0810 RON
YEARLY LOW
0.0786 RON
YEARLY AVERAGE
0.0799 RON

2021 MKD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0810. Conversely, the yearly low was recorded on February 6, dropping to 0.0786.

This high-to-low spread represents a total annual volatility of 0.0024 RON. From a start-to-finish perspective, comparing the January average rate of 0.0790 to the December average rate of 0.0803, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0810 was up 1.07% compared to the 2020 peak of 0.0801, 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 405 RON
2020 Average 392 RON
Yearly Trough Low 393 RON
Transaction Impact: A difference of 11.87 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0805
0.0789
JanuMarcMayJulySeptNove

MKD to RON 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 0.0795, compared to 0.0802 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0007 points.

H1 Avg (JanтАУJun) 0.0795
H2 Avg (JulтАУDec) 0.0802

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0012 RON (High: 0.0798 / Low: 0.0786). On the other end, January was the most stable month, with a tight range of 0.0004 RON (High: 0.0792 / Low: 0.0789).

February Spread (Volatile) ┬▒0.0012
January Spread (Stable) ┬▒0.0004

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0803) against the same month in 2020 (average: 0.0790), the exchange rate shifted by +0.0013 (+1.66%).

2021 Avg (December) 0.0803
2020 Avg (December) 0.0790

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

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Month High Low Average
January 0.0792 0.0789 0.0790
February 0.0798 0.0786 0.0791
March 0.0799 0.0791 0.0793
April 0.0805 0.0793 0.0799
May 0.0805 0.0794 0.0799
June 0.0807 0.0796 0.0800
July 0.0804 0.0797 0.0800
August 0.0803 0.0794 0.0799
September 0.0807 0.0802 0.0804
October 0.0809 0.0801 0.0803
November 0.0808 0.0800 0.0803
December 0.0810 0.0799 0.0803