YEARLY HIGH
0.0024 MKD
YEARLY LOW
0.0022 MKD
YEARLY AVERAGE
0.0023 MKD

2021 VND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the VND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0024. Conversely, the yearly low was recorded on January 2, dropping to 0.0022.

This high-to-low spread represents a total annual volatility of 0.0003 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0024, the exchange rate registered a net change of 8.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0024 was down 1.85% compared to the 2020 peak of 0.0025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 24,245 MKD
2020 Average 23,279 MKD
Yearly Trough Low 21,608 MKD
Transaction Impact: A difference of 2,636.94 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0024
0.0022
JanuMarcMayJulySeptNove

VND 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 0.0022, compared to 0.0023 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0001 points.

H1 Avg (JanтАУJun) 0.0022
H2 Avg (JulтАУDec) 0.0023

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0001 MKD (High: 0.0023 / Low: 0.0022). On the other end, July was the most stable month, with a tight range of 0.0000 MKD (High: 0.0023 / Low: 0.0022).

April Spread (Volatile) ┬▒0.0001
July Spread (Stable) ┬▒0.0000

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0024) against the same month in 2020 (average: 0.0022), the exchange rate shifted by +0.0001 (+5.97%).

2021 Avg (November) 0.0024
2020 Avg (November) 0.0022

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Month High Low Average
January 0.0022 0.0022 0.0022
February 0.0023 0.0022 0.0022
March 0.0023 0.0022 0.0022
April 0.0023 0.0022 0.0022
May 0.0022 0.0022 0.0022
June 0.0022 0.0022 0.0022
July 0.0023 0.0022 0.0023
August 0.0023 0.0022 0.0023
September 0.0023 0.0023 0.0023
October 0.0023 0.0023 0.0023
November 0.0024 0.0023 0.0024
December 0.0024 0.0024 0.0024