YEARLY HIGH
9.0840 AMD
YEARLY LOW
8.4283 AMD
YEARLY AVERAGE
8.7440 AMD

2019 MKD to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 9.0840. Conversely, the yearly low was recorded on September 26, dropping to 8.4283.

This high-to-low spread represents a total annual volatility of 0.6557 AMD. From a start-to-finish perspective, comparing the January average rate of 8.9971 to the December average rate of 8.6405, the exchange rate registered a net change of -3.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 9.0840 was down 7.04% compared to the 2018 peak of 9.7720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,420 AMD
2018 Average 46,320 AMD
Yearly Trough Low 42,142 AMD
Transaction Impact: A difference of 3,278.57 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.0439
8.4829
JanuMarcMayJulySeptNove

MKD to AMD 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 8.8824, compared to 8.6056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2768 points.

H1 Avg (Jan–Jun) 8.8824
H2 Avg (Jul–Dec) 8.6056

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.2354 AMD (High: 8.9466 / Low: 8.7112). On the other end, November was the most stable month, with a tight range of 0.1055 AMD (High: 8.6468 / Low: 8.5413).

April Spread (Volatile) ±0.2354
November Spread (Stable) ±0.1055

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 0.1160 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1160

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 8.9943) against the same month in 2018 (average: 9.6500), the exchange rate shifted by -0.6557 (-6.79%).

2019 Avg (February) 8.9943
2018 Avg (February) 9.6500

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.0741 8.9327 8.9971
February 9.0840 8.8939 8.9943
March 9.0711 8.8697 8.9570
April 8.9466 8.7112 8.8438
May 8.7873 8.6612 8.7278
June 8.8453 8.6597 8.7745
July 8.8282 8.6273 8.7124
August 8.6903 8.5540 8.6097
September 8.5969 8.4283 8.5296
October 8.6585 8.4370 8.5669
November 8.6468 8.5413 8.5744
December 8.7330 8.5468 8.6405