YEARLY HIGH
13.5193 MKD
YEARLY LOW
13.0045 MKD
YEARLY AVERAGE
13.2708 MKD

2019 MYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 13.5193. Conversely, the yearly low was recorded on January 2, dropping to 13.0045.

This high-to-low spread represents a total annual volatility of 0.5149 MKD. From a start-to-finish perspective, comparing the January average rate of 13.1136 to the December average rate of 13.3484, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 13.5193 was up 0.94% compared to the 2018 peak of 13.3930, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 270,387 MKD
2018 Average 258,531 MKD
Yearly Trough Low 260,089 MKD
Transaction Impact: A difference of 10,297.54 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

13.4205
13.0857
JanuMarcMayJulySeptNove

MYR 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 13.2331, compared to 13.3085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0755 points.

H1 Avg (Jan–Jun) 13.2331
H2 Avg (Jul–Dec) 13.3085

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.3583 MKD (High: 13.3937 / Low: 13.0354). On the other end, December was the most stable month, with a tight range of 0.1418 MKD (High: 13.4201 / Low: 13.2783).

August Spread (Volatile) ±0.3583
December Spread (Stable) ±0.1418

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0984 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 13.3926) against the same month in 2018 (average: 12.9390), the exchange rate shifted by +0.4537 (+3.51%).

2019 Avg (November) 13.3926
2018 Avg (November) 12.9390

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1987 13.0045 13.1136
February 13.4177 13.1010 13.3081
March 13.4369 13.2587 13.3418
April 13.4567 13.1609 13.3068
May 13.3090 13.1318 13.2084
June 13.2049 13.0471 13.1198
July 13.3911 13.0833 13.2689
August 13.3937 13.0354 13.2005
September 13.4771 13.2146 13.3492
October 13.4364 13.1676 13.2917
November 13.5193 13.2291 13.3926
December 13.4201 13.2783 13.3484