YEARLY HIGH
0.0138 XDR
YEARLY LOW
0.0130 XDR
YEARLY AVERAGE
0.0135 XDR

2021 MKD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0138. Conversely, the yearly low was recorded on November 24, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0009 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0137 to the December average rate of 0.0131, the exchange rate registered a net change of -4.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0138 was down 0.14% compared to the 2020 peak of 0.0139, 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 69 XDR
2020 Average 66 XDR
Yearly Trough Low 65 XDR
Transaction Impact: A difference of 4.33 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0138
0.0130
JanuMarcMayJulySeptNove

MKD to XDR 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 0.0136, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0136
H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0004 XDR (High: 0.0134 / Low: 0.0130). On the other end, July was the most stable month, with a tight range of 0.0001 XDR (High: 0.0135 / Low: 0.0134).

November Spread (Volatile) ±0.0004
July Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0137) against the same month in 2020 (average: 0.0131), the exchange rate shifted by +0.0006 (+4.70%).

2021 Avg (January) 0.0137
2020 Avg (January) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0138 0.0136 0.0137
February 0.0137 0.0135 0.0136
March 0.0137 0.0134 0.0135
April 0.0137 0.0134 0.0136
May 0.0138 0.0136 0.0137
June 0.0137 0.0135 0.0136
July 0.0135 0.0134 0.0135
August 0.0135 0.0134 0.0134
September 0.0136 0.0133 0.0135
October 0.0134 0.0133 0.0133
November 0.0134 0.0130 0.0132
December 0.0132 0.0130 0.0131