YEARLY HIGH
14.5988 MKD
YEARLY LOW
13.9142 MKD
YEARLY AVERAGE
14.3195 MKD

2019 PLN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PLN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 14.5988. Conversely, the yearly low was recorded on August 25, dropping to 13.9142.

This high-to-low spread represents a total annual volatility of 0.6845 MKD. From a start-to-finish perspective, comparing the January average rate of 14.3668 to the December average rate of 14.3985, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 14.5988 was down 2.11% compared to the 2018 peak of 14.9130, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291,976 MKD
2018 Average 289,004 MKD
Yearly Trough Low 278,285 MKD
Transaction Impact: A difference of 13,690.75 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

14.4896
14.0874
JanuMarcMayJulySeptNove

PLN 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 14.3487, compared to 14.2903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0583 points.

H1 Avg (Jan–Jun) 14.3487
H2 Avg (Jul–Dec) 14.2903

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.4282 MKD (High: 14.4784 / Low: 14.0502). On the other end, April was the most stable month, with a tight range of 0.1225 MKD (High: 14.4181 / Low: 14.2956).

October Spread (Volatile) ±0.4282
April Spread (Stable) ±0.1225

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2476 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2476

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 14.4561) against the same month in 2018 (average: 14.2635), the exchange rate shifted by +0.1925 (+1.35%).

2019 Avg (June) 14.4561
2018 Avg (June) 14.2635

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.5063 14.1775 14.3668
February 14.3812 14.1520 14.2652
March 14.4557 14.2065 14.3033
April 14.4181 14.2956 14.3554
May 14.4278 14.2599 14.3453
June 14.5988 14.3316 14.4561
July 14.5125 14.2411 14.3920
August 14.2803 13.9142 14.1444
September 14.2682 13.9917 14.1209
October 14.4784 14.0502 14.3209
November 14.4705 14.2509 14.3653
December 14.4673 14.2648 14.3985