2019 PKR to MKD Historical Review

YEARLY HIGH

0.3934 MKD

YEARLY LOW

0.3307 MKD

YEARLY AVERAGE

0.3670 MKD

2019 PKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.3934. Conversely, the yearly low was recorded on June 30, dropping to 0.3307.

This high-to-low spread represents a total annual volatility of 0.0627 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3870 to the December average rate of 0.3573, the exchange rate registered a net change of -7.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3934 was down 15.66% compared to the 2018 peak of 0.4665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 196,705 MKD

2018 Average 215,328 MKD

Yearly Trough Low 165,368 MKD

Transaction Impact: A difference of 31,337.33 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3942

0.3386

JanuMarcMayJulySeptNove

PKR 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 0.3811, compared to 0.3530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0281 points.

H1 Avg (Jan–Jun) 0.3811

H2 Avg (Jul–Dec) 0.3530

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0466 MKD (High: 0.3773 / Low: 0.3307). On the other end, November was the most stable month, with a tight range of 0.0051 MKD (High: 0.3605 / Low: 0.3554).

June Spread (Volatile) ±0.0466

November Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between July and September, 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 0.0242 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.3895) against the same month in 2018 (average: 0.4508), the exchange rate shifted by -0.0612 (-13.58%).

2019 Avg (February) 0.3895

2018 Avg (February) 0.4508

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3895	0.3827	0.3870
February	0.3934	0.3858	0.3895
March	0.3929	0.3864	0.3893
April	0.3921	0.3832	0.3871
May	0.3891	0.3620	0.3789
June	0.3773	0.3307	0.3547
July	0.3497	0.3339	0.3432
August	0.3536	0.3421	0.3469
September	0.3594	0.3542	0.3565
October	0.3598	0.3528	0.3561
November	0.3605	0.3554	0.3578
December	0.3601	0.3541	0.3573