2019 PGK to MKD Historical Review

YEARLY HIGH

19.7988 MKD

YEARLY LOW

15.8913 MKD

YEARLY AVERAGE

16.2459 MKD

2019 PGK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PGK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 19.7988. Conversely, the yearly low was recorded on January 9, dropping to 15.8913.

This high-to-low spread represents a total annual volatility of 3.9075 MKD. From a start-to-finish perspective, comparing the January average rate of 16.0454 to the December average rate of 16.2392, the exchange rate registered a net change of 1.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 19.7988 was up 20.85% compared to the 2018 peak of 16.3835, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,994 MKD

2018 Average 79,349 MKD

Yearly Trough Low 79,456 MKD

Transaction Impact: A difference of 19,537.63 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

16.4938

16.0046

JanuMarcMayJulySeptNove

PGK 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 16.1661, compared to 16.3257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1596 points.

H1 Avg (Jan–Jun) 16.1661

H2 Avg (Jul–Dec) 16.3257

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 3.6864 MKD (High: 19.7988 / Low: 16.1124). On the other end, May was the most stable month, with a tight range of 0.1551 MKD (High: 16.3856 / Low: 16.2305).

November Spread (Volatile) ±3.6864

May Spread (Stable) ±0.1551

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.2138 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 16.4530) against the same month in 2018 (average: 16.1211), the exchange rate shifted by +0.3320 (+2.06%).

2019 Avg (November) 16.4530

2018 Avg (November) 16.1211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.1582	15.8913	16.0454
February	16.2925	15.9441	16.1248
March	16.2601	16.0085	16.1313
April	16.4443	16.0561	16.2388
May	16.3856	16.2305	16.3219
June	16.4173	15.9534	16.1342
July	16.3242	15.9591	16.1508
August	16.4315	16.1325	16.2771
September	16.6912	16.2056	16.4370
October	16.5801	16.1275	16.3968
November	19.7988	16.1124	16.4530
December	16.3788	16.0347	16.2392