YEARLY HIGH
3.4284 LRD
YEARLY LOW
2.5871 LRD
YEARLY AVERAGE
3.1977 LRD

2021 MKD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 3.4284. Conversely, the yearly low was recorded on December 14, dropping to 2.5871.

This high-to-low spread represents a total annual volatility of 0.8413 LRD. From a start-to-finish perspective, comparing the January average rate of 3.3231 to the December average rate of 2.6167, the exchange rate registered a net change of -21.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.4284 was down 11.22% compared to the 2020 peak of 3.8618, 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 17,142 LRD
2020 Average 17,731 LRD
Yearly Trough Low 12,936 LRD
Transaction Impact: A difference of 4,206.27 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.4649
2.5395
JanuMarcMayJulySeptNove

MKD to LRD 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 3.3585, compared to 3.0369 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3216 points.

H1 Avg (Jan–Jun) 3.3585
H2 Avg (Jul–Dec) 3.0369

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.3767 LRD (High: 3.2267 / Low: 2.8500). On the other end, July was the most stable month, with a tight range of 0.0430 LRD (High: 3.3197 / Low: 3.2767).

October Spread (Volatile) ±0.3767
July Spread (Stable) ±0.0430

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 October and November, when the average rate fell by 0.3871 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3871

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 3.3861) against the same month in 2020 (average: 3.4818), the exchange rate shifted by -0.0958 (-2.75%).

2021 Avg (February) 3.3861
2020 Avg (February) 3.4818

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3670 3.2557 3.3231
February 3.4284 3.3341 3.3861
March 3.4101 3.2948 3.3508
April 3.3929 3.2989 3.3510
May 3.4163 3.3520 3.3878
June 3.4010 3.3031 3.3522
July 3.3197 3.2767 3.2943
August 3.3203 3.2536 3.2791
September 3.3156 3.2141 3.2804
October 3.2267 2.8500 3.0690
November 2.8262 2.5914 2.6819
December 2.6674 2.5871 2.6167