2021 MGA to MKD Historical Review

YEARLY HIGH

0.0139 MKD

YEARLY LOW

0.0128 MKD

YEARLY AVERAGE

0.0135 MKD

2021 MGA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MGA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0139. Conversely, the yearly low was recorded on January 2, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0011 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0137, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0139 was down 9.45% compared to the 2020 peak of 0.0154, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70 MKD

2020 Average 71 MKD

Yearly Trough Low 64 MKD

Transaction Impact: A difference of 5.54 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0138

0.0133

JanuMarcMayJulySeptNove

MGA 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 0.0135, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0135

H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0007 MKD (High: 0.0136 / Low: 0.0128). On the other end, May was the most stable month, with a tight range of 0.0002 MKD (High: 0.0136 / Low: 0.0134).

January Spread (Volatile) ±0.0007

May Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0137) against the same month in 2020 (average: 0.0133), the exchange rate shifted by +0.0005 (+3.56%).

2021 Avg (December) 0.0137

2020 Avg (December) 0.0133

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0136	0.0128	0.0133
February	0.0138	0.0134	0.0135
March	0.0138	0.0136	0.0137
April	0.0138	0.0134	0.0136
May	0.0136	0.0134	0.0135
June	0.0138	0.0132	0.0135
July	0.0138	0.0133	0.0136
August	0.0137	0.0133	0.0135
September	0.0134	0.0132	0.0133
October	0.0136	0.0133	0.0134
November	0.0138	0.0134	0.0136
December	0.0139	0.0137	0.0137

2021 MGA నుండి MKD చారిత్రక సమీక్ష