YEARLY HIGH
15.1081 MKD
YEARLY LOW
13.7265 MKD
YEARLY AVERAGE
14.2953 MKD

2021 QAR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 15.1081. Conversely, the yearly low was recorded on January 6, dropping to 13.7265.

This high-to-low spread represents a total annual volatility of 1.3817 MKD. From a start-to-finish perspective, comparing the January average rate of 13.9027 to the December average rate of 14.9658, the exchange rate registered a net change of 7.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.1081 was down 4.24% compared to the 2020 peak of 15.7767, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75,541 MKD
2020 Average 74,234 MKD
Yearly Trough Low 68,632 MKD
Transaction Impact: A difference of 6,908.30 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.0721
13.7964
JanuMarcMayJulySeptNove

QAR 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 14.0406, compared to 14.5501 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.5095 points.

H1 Avg (JanтАУJun) 14.0406
H2 Avg (JulтАУDec) 14.5501

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.5463 MKD (High: 14.6121 / Low: 14.0659). On the other end, December was the most stable month, with a tight range of 0.1238 MKD (High: 15.0384 / Low: 14.9145).

September Spread (Volatile) ┬▒0.5463
December Spread (Stable) ┬▒0.1238

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2257 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 14.8330) against the same month in 2020 (average: 14.2966), the exchange rate shifted by +0.5365 (+3.75%).

2021 Avg (November) 14.8330
2020 Avg (November) 14.2966

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 14.0230 13.7265 13.9027
February 14.1451 13.8945 13.9982
March 14.4410 14.0039 14.2243
April 14.4142 13.9332 14.1520
May 14.0930 13.7995 13.9263
June 14.2067 13.8455 14.0399
July 14.3811 14.0350 14.2844
August 14.4948 14.0002 14.3143
September 14.6121 14.0659 14.3230
October 14.6795 14.4854 14.5801
November 15.1081 14.5746 14.8330
December 15.0384 14.9145 14.9658