YEARLY HIGH
0.4922 MKD
YEARLY LOW
0.4590 MKD
YEARLY AVERAGE
0.4729 MKD

2021 VUV to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the VUV to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.4922. Conversely, the yearly low was recorded on January 6, dropping to 0.4590.

This high-to-low spread represents a total annual volatility of 0.0332 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4675 to the December average rate of 0.4821, the exchange rate registered a net change of 3.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4922 was up 1.75% compared to the 2020 peak of 0.4837, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,461 MKD
2020 Average 2,331 MKD
Yearly Trough Low 2,295 MKD
Transaction Impact: A difference of 165.83 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4862
0.4647
JanuMarcMayJulySeptNove

VUV 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 0.4703, compared to 0.4755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.4703
H2 Avg (Jul–Dec) 0.4755

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0162 MKD (High: 0.4922 / Low: 0.4760). On the other end, October was the most stable month, with a tight range of 0.0054 MKD (High: 0.4769 / Low: 0.4715).

November Spread (Volatile) ±0.0162
October Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0060 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.4844) against the same month in 2020 (average: 0.4627), the exchange rate shifted by +0.0218 (+4.70%).

2021 Avg (November) 0.4844
2020 Avg (November) 0.4627

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4741 0.4590 0.4675
February 0.4748 0.4682 0.4713
March 0.4798 0.4705 0.4762
April 0.4781 0.4631 0.4702
May 0.4703 0.4624 0.4665
June 0.4769 0.4658 0.4700
July 0.4775 0.4666 0.4732
August 0.4752 0.4665 0.4705
September 0.4736 0.4653 0.4686
October 0.4769 0.4715 0.4743
November 0.4922 0.4760 0.4844
December 0.4868 0.4791 0.4821