YEARLY HIGH
13.8728 MKD
YEARLY LOW
13.0883 MKD
YEARLY AVERAGE
13.4968 MKD

2021 PLN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PLN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 13.8728. Conversely, the yearly low was recorded on November 20, dropping to 13.0883.

This high-to-low spread represents a total annual volatility of 0.7845 MKD. From a start-to-finish perspective, comparing the January average rate of 13.5852 to the December average rate of 13.3500, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.8728 was down 4.75% compared to the 2020 peak of 14.5642, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 277,456 MKD
2020 Average 277,527 MKD
Yearly Trough Low 261,766 MKD
Transaction Impact: A difference of 15,690.19 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.7562
13.2010
JanuMarcMayJulySeptNove

PLN 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 13.5806, compared to 13.4130 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1676 points.

H1 Avg (JanтАУJun) 13.5806
H2 Avg (JulтАУDec) 13.4130

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.4426 MKD (High: 13.6807 / Low: 13.2381). On the other end, August was the most stable month, with a tight range of 0.1831 MKD (High: 13.6038 / Low: 13.4207).

September Spread (Volatile) ┬▒0.4426
August Spread (Stable) ┬▒0.1831

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 February and March, when the average rate fell by 0.3149 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 13.6666) against the same month in 2020 (average: 13.8699), the exchange rate shifted by -0.2033 (-1.47%).

2021 Avg (June) 13.6666
2020 Avg (June) 13.8699

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Month High Low Average
January 13.6523 13.4383 13.5852
February 13.8364 13.5064 13.7099
March 13.5924 13.2123 13.3951
April 13.6147 13.3769 13.5089
May 13.7619 13.4277 13.6177
June 13.8728 13.4467 13.6666
July 13.6908 13.3804 13.5085
August 13.6038 13.4207 13.4899
September 13.6807 13.2381 13.4728
October 13.5426 13.2584 13.4096
November 13.4475 13.0883 13.2473
December 13.4945 13.1958 13.3500