2019 RON to MKD Historical Review

YEARLY HIGH

13.3289 MKD

YEARLY LOW

12.8090 MKD

YEARLY AVERAGE

12.9653 MKD

2019 RON to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RON to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 13.3289. Conversely, the yearly low was recorded on November 27, dropping to 12.8090.

This high-to-low spread represents a total annual volatility of 0.5199 MKD. From a start-to-finish perspective, comparing the January average rate of 13.0976 to the December average rate of 12.8708, the exchange rate registered a net change of -1.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 13.3289 was down 0.19% compared to the 2018 peak of 13.3538, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,644 MKD

2018 Average 66,141 MKD

Yearly Trough Low 64,045 MKD

Transaction Impact: A difference of 2,599.60 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

13.1203

12.8481

JanuMarcMayJulySeptNove

RON 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 12.9853, compared to 12.9452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0401 points.

H1 Avg (Jan–Jun) 12.9853

H2 Avg (Jul–Dec) 12.9452

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.4864 MKD (High: 13.3289 / Low: 12.8425). On the other end, April was the most stable month, with a tight range of 0.0820 MKD (High: 12.9804 / Low: 12.8984).

January Spread (Volatile) ±0.4864

April Spread (Stable) ±0.0820

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.1302 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 13.0976) against the same month in 2018 (average: 13.2391), the exchange rate shifted by -0.1415 (-1.07%).

2019 Avg (January) 13.0976

2018 Avg (January) 13.2391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.3289	12.8425	13.0976
February	13.0442	12.9229	12.9674
March	13.0121	12.8296	12.9288
April	12.9804	12.8984	12.9358
May	13.0153	12.9077	12.9483
June	13.1138	12.9137	13.0340
July	13.0776	12.8684	12.9740
August	13.0930	12.9035	13.0089
September	13.0669	12.8921	12.9721
October	13.0058	12.9046	12.9468
November	12.9472	12.8090	12.8988
December	12.9357	12.8122	12.8708