YEARLY HIGH
1.5613 MKD
YEARLY LOW
1.4285 MKD
YEARLY AVERAGE
1.4844 MKD

2021 NIO to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.5613. Conversely, the yearly low was recorded on May 29, dropping to 1.4285.

This high-to-low spread represents a total annual volatility of 0.1328 MKD. From a start-to-finish perspective, comparing the January average rate of 1.4489 to the December average rate of 1.5424, the exchange rate registered a net change of 6.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5613 was down 8.17% compared to the 2020 peak of 1.7003, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,807 MKD
2020 Average 7,862 MKD
Yearly Trough Low 7,143 MKD
Transaction Impact: A difference of 664.04 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5521
1.4356
JanuMarcMayJulySeptNove

NIO 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 1.4604, compared to 1.5083 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0480 points.

H1 Avg (JanтАУJun) 1.4604
H2 Avg (JulтАУDec) 1.5083

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0569 MKD (High: 1.5043 / Low: 1.4474). On the other end, December was the most stable month, with a tight range of 0.0214 MKD (High: 1.5525 / Low: 1.5311).

April Spread (Volatile) ┬▒0.0569
December Spread (Stable) ┬▒0.0214

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0275 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.5335) against the same month in 2020 (average: 1.4924), the exchange rate shifted by +0.0411 (+2.75%).

2021 Avg (November) 1.5335
2020 Avg (November) 1.4924

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 1.4637 1.4331 1.4489
February 1.4744 1.4489 1.4586
March 1.5032 1.4577 1.4797
April 1.5043 1.4474 1.4728
May 1.4651 1.4285 1.4453
June 1.4856 1.4317 1.4570
July 1.4990 1.4733 1.4867
August 1.5022 1.4723 1.4908
September 1.5128 1.4761 1.4878
October 1.5191 1.4976 1.5088
November 1.5613 1.5064 1.5335
December 1.5525 1.5311 1.5424