YEARLY HIGH
0.0504 WST
YEARLY LOW
0.0467 WST
YEARLY AVERAGE
0.0489 WST

2021 MKD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0504. Conversely, the yearly low was recorded on November 24, dropping to 0.0467.

This high-to-low spread represents a total annual volatility of 0.0037 WST. From a start-to-finish perspective, comparing the January average rate of 0.0496 to the December average rate of 0.0476, the exchange rate registered a net change of -4.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0504 was down 1.08% compared to the 2020 peak of 0.0510, 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 252 WST
2020 Average 246 WST
Yearly Trough Low 233 WST
Transaction Impact: A difference of 18.70 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0499
0.0473
JanuMarcMayJulySeptNove

MKD to WST 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 0.0493, compared to 0.0484 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0009 points.

H1 Avg (JanтАУJun) 0.0493
H2 Avg (JulтАУDec) 0.0484

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0017 WST (High: 0.0484 / Low: 0.0467). On the other end, October was the most stable month, with a tight range of 0.0006 WST (High: 0.0487 / Low: 0.0481).

November Spread (Volatile) ┬▒0.0017
October Spread (Stable) ┬▒0.0006

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 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0496) against the same month in 2020 (average: 0.0475), the exchange rate shifted by +0.0021 (+4.47%).

2021 Avg (January) 0.0496
2020 Avg (January) 0.0475

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

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Month High Low Average
January 0.0504 0.0490 0.0496
February 0.0499 0.0487 0.0493
March 0.0491 0.0482 0.0487
April 0.0499 0.0484 0.0492
May 0.0500 0.0493 0.0497
June 0.0499 0.0488 0.0494
July 0.0496 0.0485 0.0489
August 0.0496 0.0486 0.0490
September 0.0494 0.0484 0.0490
October 0.0487 0.0481 0.0484
November 0.0484 0.0467 0.0475
December 0.0480 0.0470 0.0476