2019 MXN to MKD Historical Review

YEARLY HIGH

2.9276 MKD

YEARLY LOW

2.7319 MKD

YEARLY AVERAGE

2.8558 MKD

2019 MXN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MXN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 2.9276. Conversely, the yearly low was recorded on August 25, dropping to 2.7319.

This high-to-low spread represents a total annual volatility of 0.1957 MKD. From a start-to-finish perspective, comparing the January average rate of 2.8149 to the December average rate of 2.8996, the exchange rate registered a net change of 3.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.9276 was up 1.81% compared to the 2018 peak of 2.8754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 146,379 MKD

2018 Average 135,770 MKD

Yearly Trough Low 136,593 MKD

Transaction Impact: A difference of 9,786.16 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.9088

2.7983

JanuMarcMayJulySeptNove

MXN 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: Jan–Jun) was 2.8452, compared to 2.8664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0212 points.

H1 Avg (Jan–Jun) 2.8452

H2 Avg (Jul–Dec) 2.8664

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1545 MKD (High: 2.8863 / Low: 2.7319). On the other end, February was the most stable month, with a tight range of 0.0401 MKD (High: 2.8449 / Low: 2.8048).

August Spread (Volatile) ±0.1545

February Spread (Stable) ±0.0401

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0641 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 2.8996) against the same month in 2018 (average: 2.6942), the exchange rate shifted by +0.2054 (+7.62%).

2019 Avg (December) 2.8996

2018 Avg (December) 2.6942

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8604	2.7372	2.8149
February	2.8449	2.8048	2.8297
March	2.8767	2.7982	2.8266
April	2.9172	2.8521	2.8929
May	2.9086	2.8203	2.8806
June	2.8857	2.7710	2.8265
July	2.8980	2.8372	2.8716
August	2.8863	2.7319	2.8075
September	2.8798	2.7695	2.8519
October	2.9075	2.8338	2.8821
November	2.9246	2.8508	2.8858
December	2.9276	2.8381	2.8996