YEARLY HIGH
4925.9958 VEF
YEARLY LOW
0.0182 VEF
YEARLY AVERAGE
39.7448 VEF

2021 MKD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 4925.9958. Conversely, the yearly low was recorded on November 24, dropping to 0.0182.

This high-to-low spread represents a total annual volatility of 4925.9776 VEF. From a start-to-finish perspective, comparing the January average rate of 476.7271 to the December average rate of 0.0184, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 4925.9958 was down 0.69% compared to the 2020 peak of 4960.0334, 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 24,629,979 VEF
2020 Average 23,017,018 VEF
Yearly Trough Low 91 VEF
Transaction Impact: A difference of 24,629,888.18 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

524.3980
-47.6525
JanuMarcMayJulySeptNove

MKD to VEF 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 79.4708, compared to 0.0189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 79.4519 points.

H1 Avg (Jan–Jun) 79.4708
H2 Avg (Jul–Dec) 0.0189

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 4925.9762 VEF (High: 4925.9958 / Low: 0.0196). On the other end, December was the most stable month, with a tight range of 0.0002 VEF (High: 0.0184 / Low: 0.0182).

January Spread (Volatile) ±4925.9762
December Spread (Stable) ±0.0002

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 January and February, when the average rate fell by 476.7075 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -476.7075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 476.7271) against the same month in 2020 (average: 4486.4778), the exchange rate shifted by -4009.7507 (-89.37%).

2021 Avg (January) 476.7271
2020 Avg (January) 4486.4778

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4925.9958 0.0196 476.7271
February 0.0198 0.0194 0.0196
March 0.0196 0.0190 0.0193
April 0.0197 0.0191 0.0194
May 0.0199 0.0195 0.0197
June 0.0198 0.0193 0.0196
July 0.0193 0.0191 0.0192
August 0.0193 0.0189 0.0191
September 0.0193 0.0188 0.0191
October 0.0190 0.0187 0.0188
November 0.0188 0.0182 0.0185
December 0.0184 0.0182 0.0184