2021 KES to MKD Historical Review

YEARLY HIGH

0.4898 MKD

YEARLY LOW

0.4567 MKD

YEARLY AVERAGE

0.4750 MKD

2021 KES to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.4898. Conversely, the yearly low was recorded on January 6, dropping to 0.4567.

This high-to-low spread represents a total annual volatility of 0.0331 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4607 to the December average rate of 0.4823, the exchange rate registered a net change of 4.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4898 was down 13.32% compared to the 2020 peak of 0.5651, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,449 MKD

2020 Average 2,542 MKD

Yearly Trough Low 2,283 MKD

Transaction Impact: A difference of 165.38 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4845

0.4585

JanuMarcMayJulySeptNove

KES 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 0.4702, compared to 0.4798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.4702

H2 Avg (Jul–Dec) 0.4798

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0157 MKD (High: 0.4800 / Low: 0.4644). On the other end, December was the most stable month, with a tight range of 0.0047 MKD (High: 0.4845 / Low: 0.4798).

March Spread (Volatile) ±0.0157

December Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0051 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.4823) against the same month in 2020 (average: 0.4761), the exchange rate shifted by +0.0062 (+1.30%).

2021 Avg (November) 0.4823

2020 Avg (November) 0.4761

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4636	0.4567	0.4607
February	0.4695	0.4608	0.4648
March	0.4800	0.4644	0.4723
April	0.4828	0.4692	0.4771
May	0.4800	0.4655	0.4720
June	0.4808	0.4680	0.4743
July	0.4840	0.4761	0.4816
August	0.4822	0.4745	0.4790
September	0.4815	0.4710	0.4746
October	0.4824	0.4745	0.4789
November	0.4898	0.4759	0.4823
December	0.4845	0.4798	0.4823

2021 KES నుండి MKD చారిత్రక సమీక్ష