YEARLY HIGH
412.7231 STD
YEARLY LOW
383.8365 STD
YEARLY AVERAGE
397.9146 STD

2021 MKD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 412.7231. Conversely, the yearly low was recorded on November 17, dropping to 383.8365.

This high-to-low spread represents a total annual volatility of 28.8866 STD. From a start-to-finish perspective, comparing the January average rate of 403.9737 to the December average rate of 389.3427, the exchange rate registered a net change of -3.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 412.7231 was down 0.49% compared to the 2020 peak of 414.7668, 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 2,063,616 STD
2020 Average 1,991,407 STD
Yearly Trough Low 1,919,183 STD
Transaction Impact: A difference of 144,433.02 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

410.8586
387.3867
JanuMarcMayJulySeptNove

MKD to STD 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 402.2459, compared to 393.5832 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 8.6627 points.

H1 Avg (JanтАУJun) 402.2459
H2 Avg (JulтАУDec) 393.5832

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 17.7923 STD (High: 411.3521 / Low: 393.5598). On the other end, December was the most stable month, with a tight range of 4.9807 STD (High: 391.9745 / Low: 386.9938).

June Spread (Volatile) ┬▒17.7923
December Spread (Stable) ┬▒4.9807

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 May and June, when the average rate fell by 7.5984 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.5984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 408.9026) against the same month in 2020 (average: 390.2723), the exchange rate shifted by +18.6303 (+4.77%).

2021 Avg (May) 408.9026
2020 Avg (May) 390.2723

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 409.8101 400.8489 403.9737
February 402.8198 396.1225 399.8724
March 401.0058 391.0609 396.7467
April 408.7854 397.0558 402.6757
May 412.7231 404.1517 408.9026
June 411.3521 393.5598 401.3043
July 400.3211 392.9576 395.6779
August 400.3928 393.0793 396.0185
September 400.3046 391.5154 396.5966
October 397.3425 391.8562 394.3712
November 394.9107 383.8365 389.4926
December 391.9745 386.9938 389.3427