YEARLY HIGH
12.2953 CRC
YEARLY LOW
11.5086 CRC
YEARLY AVERAGE
11.9294 CRC

2021 MKD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 12.2953. Conversely, the yearly low was recorded on November 29, dropping to 11.5086.

This high-to-low spread represents a total annual volatility of 0.7867 CRC. From a start-to-finish perspective, comparing the January average rate of 12.0892 to the December average rate of 11.6966, the exchange rate registered a net change of -3.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.2953 was up 0.91% compared to the 2020 peak of 12.1846, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,477 CRC
2020 Average 54,188 CRC
Yearly Trough Low 57,543 CRC
Transaction Impact: A difference of 3,933.58 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.2058
11.6503
JanuMarcMayJulySeptNove

MKD to CRC 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 12.0143, compared to 11.8444 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1698 points.

H1 Avg (Jan–Jun) 12.0143
H2 Avg (Jul–Dec) 11.8444

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5618 CRC (High: 12.0704 / Low: 11.5086). On the other end, July was the most stable month, with a tight range of 0.1451 CRC (High: 11.9796 / Low: 11.8345).

November Spread (Volatile) ±0.5618
July Spread (Stable) ±0.1451

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.2066 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 12.1595) against the same month in 2020 (average: 10.0661), the exchange rate shifted by +2.0934 (+20.80%).

2021 Avg (May) 12.1595
2020 Avg (May) 10.0661

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.2309 11.9265 12.0892
February 12.0925 11.9048 12.0091
March 12.0251 11.6493 11.8083
April 12.1729 11.6934 11.9124
May 12.2953 11.9900 12.1595
June 12.2652 11.9421 12.1071
July 11.9796 11.8345 11.9005
August 11.9880 11.7639 11.8580
September 12.0441 11.7619 11.9466
October 12.0608 11.7145 11.8232
November 12.0704 11.5086 11.8419
December 11.8267 11.5251 11.6966