YEARLY HIGH
2.4897 MKD
YEARLY LOW
2.3333 MKD
YEARLY AVERAGE
2.4022 MKD

2021 CZK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CZK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 2.4897. Conversely, the yearly low was recorded on February 27, dropping to 2.3333.

This high-to-low spread represents a total annual volatility of 0.1564 MKD. From a start-to-finish perspective, comparing the January average rate of 2.3573 to the December average rate of 2.4410, the exchange rate registered a net change of 3.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.4897 was up 0.36% compared to the 2020 peak of 2.4808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,448 MKD
2020 Average 11,655 MKD
Yearly Trough Low 11,666 MKD
Transaction Impact: A difference of 781.89 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4496
2.3458
JanuMarcMayJulySeptNove

CZK 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 2.3829, compared to 2.4215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0386 points.

H1 Avg (Jan–Jun) 2.3829
H2 Avg (Jul–Dec) 2.4215

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0724 MKD (High: 2.4057 / Low: 2.3333). On the other end, January was the most stable month, with a tight range of 0.0231 MKD (High: 2.3710 / Low: 2.3478).

February Spread (Volatile) ±0.0724
January Spread (Stable) ±0.0231

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0275 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.4410) against the same month in 2020 (average: 2.3444), the exchange rate shifted by +0.0965 (+4.12%).

2021 Avg (December) 2.4410
2020 Avg (December) 2.3444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3710 2.3478 2.3573
February 2.4057 2.3333 2.3819
March 2.3660 2.3336 2.3544
April 2.4022 2.3592 2.3755
May 2.4260 2.3660 2.4110
June 2.4315 2.3921 2.4172
July 2.4218 2.3833 2.4039
August 2.4353 2.4033 2.4199
September 2.4350 2.4039 2.4234
October 2.4383 2.3810 2.4147
November 2.4502 2.4022 2.4264
December 2.4897 2.4195 2.4410