YEARLY HIGH
0.1787 MKD
YEARLY LOW
0.1664 MKD
YEARLY AVERAGE
0.1719 MKD

2021 HUF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HUF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.1787. Conversely, the yearly low was recorded on December 18, dropping to 0.1664.

This high-to-low spread represents a total annual volatility of 0.0123 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1715 to the December average rate of 0.1677, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1787 was down 4.33% compared to the 2020 peak of 0.1868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 178,707 MKD
2020 Average 175,627 MKD
Yearly Trough Low 166,383 MKD
Transaction Impact: A difference of 12,324.44 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1767
0.1669
JanuMarcMayJulySeptNove

HUF 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 0.1721, compared to 0.1716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1721
H2 Avg (Jul–Dec) 0.1716

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0076 MKD (High: 0.1775 / Low: 0.1699). On the other end, January was the most stable month, with a tight range of 0.0028 MKD (High: 0.1727 / Low: 0.1699).

May Spread (Volatile) ±0.0076
January Spread (Stable) ±0.0028

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 September and October, when the average rate fell by 0.0040 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.1759) against the same month in 2020 (average: 0.1774), the exchange rate shifted by -0.0015 (-0.84%).

2021 Avg (June) 0.1759
2020 Avg (June) 0.1774

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1727 0.1699 0.1715
February 0.1739 0.1685 0.1720
March 0.1701 0.1671 0.1685
April 0.1725 0.1691 0.1708
May 0.1775 0.1699 0.1742
June 0.1787 0.1720 0.1759
July 0.1753 0.1707 0.1725
August 0.1772 0.1712 0.1752
September 0.1774 0.1702 0.1747
October 0.1728 0.1684 0.1707
November 0.1721 0.1664 0.1689
December 0.1698 0.1664 0.1677