2021 MKD to GMD Historical Review

YEARLY HIGH

1.0345 GMD

YEARLY LOW

0.9517 GMD

YEARLY AVERAGE

0.9893 GMD

2021 MKD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 1.0345. Conversely, the yearly low was recorded on November 24, dropping to 0.9517.

This high-to-low spread represents a total annual volatility of 0.0828 GMD. From a start-to-finish perspective, comparing the January average rate of 1.0203 to the December average rate of 0.9639, the exchange rate registered a net change of -5.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0345 was up 0.09% compared to the 2020 peak of 1.0335, 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 5,172 GMD

2020 Average 4,769 GMD

Yearly Trough Low 4,758 GMD

Transaction Impact: A difference of 413.93 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0259

0.9583

JanuMarcMayJulySeptNove

MKD to GMD 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 1.0037, compared to 0.9749 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0288 points.

H1 Avg (Jan–Jun) 1.0037

H2 Avg (Jul–Dec) 0.9749

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0327 GMD (High: 1.0092 / Low: 0.9765). On the other end, February was the most stable month, with a tight range of 0.0129 GMD (High: 1.0131 / Low: 1.0003).

April Spread (Volatile) ±0.0327

February Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0186 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.0203) against the same month in 2020 (average: 0.9241), the exchange rate shifted by +0.0962 (+10.41%).

2021 Avg (January) 1.0203

2020 Avg (January) 0.9241

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0345	1.0122	1.0203
February	1.0131	1.0003	1.0089
March	1.0062	0.9747	0.9903
April	1.0092	0.9765	0.9929
May	1.0190	0.9979	1.0096
June	1.0146	0.9851	1.0002
July	0.9892	0.9760	0.9820
August	0.9894	0.9683	0.9768
September	0.9969	0.9680	0.9837
October	0.9859	0.9657	0.9761
November	0.9813	0.9517	0.9669
December	0.9722	0.9583	0.9639

2021 MKD నుండి GMD చారిత్రక సమీక్ష