YEARLY HIGH
2.1786 VUV
YEARLY LOW
2.0318 VUV
YEARLY AVERAGE
2.1149 VUV

2021 MKD to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 2.1786. Conversely, the yearly low was recorded on November 24, dropping to 2.0318.

This high-to-low spread represents a total annual volatility of 0.1468 VUV. From a start-to-finish perspective, comparing the January average rate of 2.1390 to the December average rate of 2.0742, the exchange rate registered a net change of -3.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1786 was down 1.63% compared to the 2020 peak of 2.2148, 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 10,893 VUV
2020 Average 10,729 VUV
Yearly Trough Low 10,159 VUV
Transaction Impact: A difference of 734.06 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1515
2.0566
JanuMarcMayJulySeptNove

MKD to VUV 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 2.1265, compared to 2.1033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0232 points.

H1 Avg (Jan–Jun) 2.1265
H2 Avg (Jul–Dec) 2.1033

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0695 VUV (High: 2.1786 / Low: 2.1091). On the other end, October was the most stable month, with a tight range of 0.0242 VUV (High: 2.1210 / Low: 2.0968).

January Spread (Volatile) ±0.0695
October Spread (Stable) ±0.0242

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 October and November, when the average rate fell by 0.0440 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0440

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.1390) against the same month in 2020 (average: 2.0863), the exchange rate shifted by +0.0528 (+2.53%).

2021 Avg (January) 2.1390
2020 Avg (January) 2.0863

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1786 2.1091 2.1390
February 2.1359 2.1064 2.1218
March 2.1254 2.0842 2.1002
April 2.1593 2.0917 2.1270
May 2.1625 2.1263 2.1436
June 2.1467 2.0969 2.1276
July 2.1431 2.0943 2.1134
August 2.1435 2.1043 2.1255
September 2.1490 2.1116 2.1340
October 2.1210 2.0968 2.1085
November 2.1008 2.0318 2.0645
December 2.0874 2.0543 2.0742