2019 ARS నుండి MKD చారిత్రక సమీక్ష
2019 సంవత్సరం పొడవునా మారకపు రేటు పనితీరు యొక్క సమగ్ర విశ్లేషణ.
2019 ARS to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ARS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.4627. Conversely, the yearly low was recorded on August 14, dropping to 0.9163.
This high-to-low spread represents a total annual volatility of 0.5464 MKD. From a start-to-finish perspective, comparing the January average rate of 1.4446 to the December average rate of 0.9256, the exchange rate registered a net change of -35.93% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 1.4627 was down 47.36% compared to the 2018 peak of 2.7788, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ARS to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1.3215, compared to 1.0268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2947 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 0.3364 MKD (High: 1.2527 / Low: 0.9163). On the other end, November was the most stable month, with a tight range of 0.0154 MKD (High: 0.9393 / Low: 0.9238).
Growth Streaks & Declines
TrendsBetween May and July, 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 July and August, when the average rate fell by 0.2167 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 1.4446) against the same month in 2018 (average: 2.6579), the exchange rate shifted by -1.2134 (-45.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.4627 | 1.4261 | 1.4446 |
| February | 1.4505 | 1.3694 | 1.4159 |
| March | 1.3686 | 1.2458 | 1.3194 |
| April | 1.3139 | 1.2057 | 1.2725 |
| May | 1.2421 | 1.2131 | 1.2281 |
| June | 1.2777 | 1.2107 | 1.2483 |
| July | 1.3160 | 1.2565 | 1.2898 |
| August | 1.2527 | 0.9163 | 1.0731 |
| September | 1.0067 | 0.9359 | 0.9869 |
| October | 0.9799 | 0.9238 | 0.9522 |
| November | 0.9393 | 0.9238 | 0.9331 |
| December | 0.9356 | 0.9164 | 0.9256 |