YEARLY HIGH
0.2630 MKD
YEARLY LOW
0.2390 MKD
YEARLY AVERAGE
0.2491 MKD

2021 GYD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GYD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.2630. Conversely, the yearly low was recorded on January 6, dropping to 0.2390.

This high-to-low spread represents a total annual volatility of 0.0240 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2420 to the December average rate of 0.2604, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2630 was down 5.09% compared to the 2020 peak of 0.2771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,315 MKD
2020 Average 1,293 MKD
Yearly Trough Low 1,195 MKD
Transaction Impact: A difference of 119.93 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2623
0.2402
JanuMarcMayJulySeptNove

GYD 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 0.2444, compared to 0.2537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.2444
H2 Avg (Jul–Dec) 0.2537

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0094 MKD (High: 0.2630 / Low: 0.2535). On the other end, December was the most stable month, with a tight range of 0.0022 MKD (High: 0.2616 / Low: 0.2594).

November Spread (Volatile) ±0.0094
December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0037 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.2582) against the same month in 2020 (average: 0.2489), the exchange rate shifted by +0.0093 (+3.72%).

2021 Avg (November) 0.2582
2020 Avg (November) 0.2489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2438 0.2390 0.2420
February 0.2463 0.2419 0.2436
March 0.2512 0.2437 0.2477
April 0.2509 0.2425 0.2462
May 0.2453 0.2407 0.2425
June 0.2480 0.2411 0.2445
July 0.2506 0.2476 0.2491
August 0.2521 0.2476 0.2504
September 0.2545 0.2477 0.2500
October 0.2555 0.2521 0.2539
November 0.2630 0.2535 0.2582
December 0.2616 0.2594 0.2604