2019 RUB to MKD Historical Review

YEARLY HIGH

0.8971 MKD

YEARLY LOW

0.7778 MKD

YEARLY AVERAGE

0.8499 MKD

2019 RUB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RUB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.8971. Conversely, the yearly low was recorded on January 1, dropping to 0.7778.

This high-to-low spread represents a total annual volatility of 0.1193 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8091 to the December average rate of 0.8807, the exchange rate registered a net change of 8.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8971 was down 1.10% compared to the 2018 peak of 0.9071, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,485 MKD

2018 Average 4,164 MKD

Yearly Trough Low 3,889 MKD

Transaction Impact: A difference of 596.46 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8879

0.8019

JanuMarcMayJulySeptNove

RUB 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 0.8360, compared to 0.8637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 0.8360

H2 Avg (Jul–Dec) 0.8637

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0492 MKD (High: 0.8269 / Low: 0.7778). On the other end, November was the most stable month, with a tight range of 0.0088 MKD (High: 0.8761 / Low: 0.8673).

January Spread (Volatile) ±0.0492

November Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 0.0256 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.8807) against the same month in 2018 (average: 0.8006), the exchange rate shifted by +0.0801 (+10.01%).

2019 Avg (December) 0.8807

2018 Avg (December) 0.8006

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8269	0.7778	0.8091
February	0.8308	0.8189	0.8250
March	0.8491	0.8194	0.8343
April	0.8612	0.8380	0.8485
May	0.8574	0.8385	0.8484
June	0.8659	0.8379	0.8506
July	0.8721	0.8538	0.8647
August	0.8625	0.8250	0.8391
September	0.8783	0.8339	0.8604
October	0.8698	0.8599	0.8655
November	0.8761	0.8673	0.8720
December	0.8971	0.8653	0.8807