2021 MKD to TOP Historical Review

YEARLY HIGH

0.0454 TOP

YEARLY LOW

0.0412 TOP

YEARLY AVERAGE

0.0435 TOP

2021 MKD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0454. Conversely, the yearly low was recorded on November 22, dropping to 0.0412.

This high-to-low spread represents a total annual volatility of 0.0042 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0450 to the December average rate of 0.0419, 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 0.0454 was down 0.15% compared to the 2020 peak of 0.0455, 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 227 TOP

2020 Average 213 TOP

Yearly Trough Low 206 TOP

Transaction Impact: A difference of 20.84 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0454

0.0415

JanuMarcMayJulySeptNove

MKD to TOP 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: Jan–Jun) was 0.0444, compared to 0.0426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0444

H2 Avg (Jul–Dec) 0.0426

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0015 TOP (High: 0.0450 / Low: 0.0435). On the other end, December was the most stable month, with a tight range of 0.0004 TOP (High: 0.0422 / Low: 0.0418).

March Spread (Volatile) ±0.0015

December Spread (Stable) ±0.0004

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 February and March, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0450) against the same month in 2020 (average: 0.0415), the exchange rate shifted by +0.0036 (+8.63%).

2021 Avg (January) 0.0450

2020 Avg (January) 0.0415

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.0454	0.0446	0.0450
February	0.0453	0.0447	0.0450
March	0.0450	0.0435	0.0440
April	0.0446	0.0437	0.0442
May	0.0448	0.0440	0.0444
June	0.0442	0.0433	0.0437
July	0.0438	0.0431	0.0433
August	0.0436	0.0429	0.0432
September	0.0434	0.0428	0.0431
October	0.0428	0.0421	0.0424
November	0.0423	0.0412	0.0418
December	0.0422	0.0418	0.0419

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा