2021 MKD to MGA Historical Review

YEARLY HIGH

77.9357 MGA

YEARLY LOW

71.7445 MGA

YEARLY AVERAGE

73.9700 MGA

2021 MKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 77.9357. Conversely, the yearly low was recorded on December 22, dropping to 71.7445.

This high-to-low spread represents a total annual volatility of 6.1912 MGA. From a start-to-finish perspective, comparing the January average rate of 75.2015 to the December average rate of 72.8047, the exchange rate registered a net change of -3.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 77.9357 was up 0.77% compared to the 2020 peak of 77.3414, 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 389,678 MGA

2020 Average 353,068 MGA

Yearly Trough Low 358,722 MGA

Transaction Impact: A difference of 30,956.09 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

75.4411

72.5651

JanuMarcMayJulySeptNove

MKD to MGA 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 73.9181, compared to 74.0219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1038 points.

H1 Avg (Jan–Jun) 73.9181

H2 Avg (Jul–Dec) 74.0219

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 4.2611 MGA (High: 77.9357 / Low: 73.6746). On the other end, May was the most stable month, with a tight range of 1.1447 MGA (High: 74.6881 / Low: 73.5434).

January Spread (Volatile) ±4.2611

May Spread (Stable) ±1.1447

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 January and February, when the average rate fell by 1.3800 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3800

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 75.2015) against the same month in 2020 (average: 66.4601), the exchange rate shifted by +8.7414 (+13.15%).

2021 Avg (January) 75.2015

2020 Avg (January) 66.4601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	77.9357	73.6746	75.2015
February	74.3919	72.5640	73.8215
March	73.5841	72.2640	72.8472
April	74.8798	72.2999	73.5602
May	74.6881	73.5434	74.1530
June	75.9493	72.7168	73.9250
July	75.2943	72.4228	73.7020
August	75.2153	72.8012	74.3020
September	75.6715	74.4758	75.1514
October	75.3820	73.4130	74.5093
November	74.8394	72.4200	73.6619
December	73.1972	71.7445	72.8047

2021 MKD నుండి MGA చారిత్రక సమీక్ష