2019 RWF to MKD Historical Review

YEARLY HIGH

0.0623 MKD

YEARLY LOW

0.0582 MKD

YEARLY AVERAGE

0.0603 MKD

2019 RWF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RWF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0623. Conversely, the yearly low was recorded on December 30, dropping to 0.0582.

This high-to-low spread represents a total annual volatility of 0.0041 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0607 to the December average rate of 0.0592, the exchange rate registered a net change of -2.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0623 was down 0.81% compared to the 2018 peak of 0.0628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 311 MKD

2018 Average 300 MKD

Yearly Trough Low 291 MKD

Transaction Impact: A difference of 20.50 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0610

0.0591

JanuMarcMayJulySeptNove

RWF 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 0.0606, compared to 0.0600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0606

H2 Avg (Jul–Dec) 0.0600

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0024 MKD (High: 0.0605 / Low: 0.0582). On the other end, November was the most stable month, with a tight range of 0.0007 MKD (High: 0.0602 / Low: 0.0596).

December Spread (Volatile) ±0.0024

November Spread (Stable) ±0.0007

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 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.0607) against the same month in 2018 (average: 0.0581), the exchange rate shifted by +0.0026 (+4.53%).

2019 Avg (March) 0.0607

2018 Avg (March) 0.0581

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0619	0.0598	0.0607
February	0.0619	0.0601	0.0608
March	0.0623	0.0600	0.0607
April	0.0611	0.0600	0.0606
May	0.0611	0.0604	0.0608
June	0.0611	0.0593	0.0600
July	0.0603	0.0591	0.0598
August	0.0608	0.0597	0.0604
September	0.0611	0.0601	0.0606
October	0.0610	0.0595	0.0602
November	0.0602	0.0596	0.0599
December	0.0605	0.0582	0.0592