YEARLY HIGH
0.4161 SRD
YEARLY LOW
0.2692 SRD
YEARLY AVERAGE
0.3482 SRD

2021 MKD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 0.4161. Conversely, the yearly low was recorded on March 30, dropping to 0.2692.

This high-to-low spread represents a total annual volatility of 0.1469 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2795 to the December average rate of 0.3890, the exchange rate registered a net change of 39.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4161 was up 47.27% compared to the 2020 peak of 0.2825, 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 2,080 SRD
2020 Average 869 SRD
Yearly Trough Low 1,346 SRD
Transaction Impact: A difference of 734.48 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4224
0.2597
JanuMarcMayJulySeptNove

MKD to SRD 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 0.2940, compared to 0.4024 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1084 points.

H1 Avg (JanтАУJun) 0.2940
H2 Avg (JulтАУDec) 0.4024

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1375 SRD (High: 0.4161 / Low: 0.2786). On the other end, February was the most stable month, with a tight range of 0.0050 SRD (High: 0.2798 / Low: 0.2748).

June Spread (Volatile) ┬▒0.1375
February Spread (Stable) ┬▒0.0050

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0092 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.3794) against the same month in 2020 (average: 0.1361), the exchange rate shifted by +0.2433 (+178.69%).

2021 Avg (June) 0.3794
2020 Avg (June) 0.1361

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 0.2832 0.2772 0.2795
February 0.2798 0.2748 0.2777
March 0.2776 0.2692 0.2732
April 0.2790 0.2698 0.2748
May 0.2817 0.2758 0.2791
June 0.4161 0.2786 0.3794
July 0.4140 0.4003 0.4062
August 0.4140 0.4054 0.4085
September 0.4126 0.4022 0.4088
October 0.4069 0.4012 0.4035
November 0.4059 0.3910 0.3982
December 0.3961 0.3568 0.3890