2019 NIO to MKD Historical Review

YEARLY HIGH

1.6813 MKD

YEARLY LOW

1.6153 MKD

YEARLY AVERAGE

1.6536 MKD

2019 NIO to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NIO to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 1.6813. Conversely, the yearly low was recorded on December 28, dropping to 1.6153.

This high-to-low spread represents a total annual volatility of 0.0660 MKD. From a start-to-finish perspective, comparing the January average rate of 1.6598 to the December average rate of 1.6340, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.6813 was down 1.02% compared to the 2018 peak of 1.6986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,406 MKD

2018 Average 8,237 MKD

Yearly Trough Low 8,077 MKD

Transaction Impact: A difference of 329.87 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.6708

1.6306

JanuMarcMayJulySeptNove

NIO 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 1.6589, compared to 1.6483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0105 points.

H1 Avg (Jan–Jun) 1.6589

H2 Avg (Jul–Dec) 1.6483

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0588 MKD (High: 1.6779 / Low: 1.6191). On the other end, May was the most stable month, with a tight range of 0.0230 MKD (High: 1.6799 / Low: 1.6570).

June Spread (Volatile) ±0.0588

May Spread (Stable) ±0.0230

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 0.0227 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 1.6644) against the same month in 2018 (average: 1.6498), the exchange rate shifted by +0.0147 (+0.89%).

2019 Avg (September) 1.6644

2018 Avg (September) 1.6498

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6714	1.6456	1.6598
February	1.6759	1.6396	1.6584
March	1.6715	1.6457	1.6583
April	1.6810	1.6493	1.6644
May	1.6799	1.6570	1.6675
June	1.6779	1.6191	1.6448
July	1.6613	1.6285	1.6432
August	1.6587	1.6340	1.6490
September	1.6813	1.6544	1.6644
October	1.6788	1.6306	1.6534
November	1.6589	1.6186	1.6461
December	1.6548	1.6153	1.6340