YEARLY HIGH
3.7651 MKD
YEARLY LOW
3.2763 MKD
YEARLY AVERAGE
3.5257 MKD

2021 NAD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 3.7651. Conversely, the yearly low was recorded on January 11, dropping to 3.2763.

This high-to-low spread represents a total annual volatility of 0.4888 MKD. From a start-to-finish perspective, comparing the January average rate of 3.3582 to the December average rate of 3.4264, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.7651 was down 4.26% compared to the 2020 peak of 3.9326, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NAD based on timing:

Yearly Peak High 18,825 MKD
2020 Average 16,491 MKD
Yearly Trough Low 16,382 MKD
Transaction Impact: A difference of 2,443.80 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.7291
3.3245
JanuMarcMayJulySeptNove

NAD to MKD 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 3.5238, compared to 3.5276 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0038 points.

H1 Avg (JanтАУJun) 3.5238
H2 Avg (JulтАУDec) 3.5276

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3402 MKD (High: 3.7004 / Low: 3.3602). On the other end, April was the most stable month, with a tight range of 0.0839 MKD (High: 3.5949 / Low: 3.5110).

November Spread (Volatile) ┬▒0.3402
April Spread (Stable) ┬▒0.0839

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1119 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1119

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 3.6954) against the same month in 2020 (average: 3.2008), the exchange rate shifted by +0.4946 (+15.45%).

2021 Avg (June) 3.6954
2020 Avg (June) 3.2008

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 3.4449 3.2763 3.3582
February 3.5054 3.3896 3.4597
March 3.5553 3.3423 3.4588
April 3.5949 3.5110 3.5593
May 3.6659 3.5347 3.6113
June 3.7651 3.6136 3.6954
July 3.6409 3.4842 3.5836
August 3.6657 3.4406 3.5646
September 3.6547 3.4739 3.5272
October 3.6729 3.4882 3.5701
November 3.7004 3.3602 3.4936
December 3.5027 3.3655 3.4264