YEARLY HIGH
0.0467 MKD
YEARLY LOW
0.0442 MKD
YEARLY AVERAGE
0.0455 MKD

2021 KRW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 6, valuing the pair at 0.0467. Conversely, the yearly low was recorded on September 20, dropping to 0.0442.

This high-to-low spread represents a total annual volatility of 0.0025 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0460 to the December average rate of 0.0460, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0467 was down 2.94% compared to the 2020 peak of 0.0481, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 233,295 MKD
2020 Average 229,231 MKD
Yearly Trough Low 221,012 MKD
Transaction Impact: A difference of 12,282.25 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0462
0.0444
JanuMarcMayJulySeptNove

KRW 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 0.0458, compared to 0.0453 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) 0.0458
H2 Avg (Jul–Dec) 0.0453

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0020 MKD (High: 0.0463 / Low: 0.0443). On the other end, September was the most stable month, with a tight range of 0.0007 MKD (High: 0.0449 / Low: 0.0442).

November Spread (Volatile) ±0.0020
September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, 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 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0460) against the same month in 2020 (average: 0.0464), the exchange rate shifted by -0.0004 (-0.78%).

2021 Avg (April) 0.0460
2020 Avg (April) 0.0464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0465 0.0455 0.0460
February 0.0462 0.0450 0.0458
March 0.0466 0.0453 0.0458
April 0.0467 0.0455 0.0460
May 0.0458 0.0446 0.0452
June 0.0459 0.0449 0.0455
July 0.0460 0.0449 0.0455
August 0.0458 0.0445 0.0451
September 0.0449 0.0442 0.0446
October 0.0455 0.0445 0.0449
November 0.0463 0.0443 0.0455
December 0.0465 0.0457 0.0460