2021 MKD to MXN Historical Review

YEARLY HIGH

0.4137 MXN

YEARLY LOW

0.3761 MXN

YEARLY AVERAGE

0.3895 MXN

2021 MKD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 0.4137. Conversely, the yearly low was recorded on December 30, dropping to 0.3761.

This high-to-low spread represents a total annual volatility of 0.0376 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3944 to the December average rate of 0.3834, the exchange rate registered a net change of -2.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4137 was down 6.42% compared to the 2020 peak of 0.4421, 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 2,068 MXN

2020 Average 1,989 MXN

Yearly Trough Low 1,880 MXN

Transaction Impact: A difference of 188.02 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4027

0.3812

JanuMarcMayJulySeptNove

MKD to MXN 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 0.3948, compared to 0.3842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.3948

H2 Avg (Jul–Dec) 0.3842

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0244 MXN (High: 0.4134 / Low: 0.3890). On the other end, July was the most stable month, with a tight range of 0.0052 MXN (High: 0.3858 / Low: 0.3806).

March Spread (Volatile) ±0.0244

July Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0115 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.3984) against the same month in 2020 (average: 0.3339), the exchange rate shifted by +0.0646 (+19.34%).

2021 Avg (February) 0.3984

2020 Avg (February) 0.3339

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4050	0.3850	0.3944
February	0.4137	0.3901	0.3984
March	0.4134	0.3890	0.4009
April	0.3977	0.3866	0.3894
May	0.3976	0.3901	0.3938
June	0.4011	0.3827	0.3919
July	0.3858	0.3806	0.3830
August	0.3886	0.3790	0.3836
September	0.3881	0.3809	0.3831
October	0.3912	0.3801	0.3852
November	0.4010	0.3790	0.3866
December	0.3945	0.3761	0.3834

2021 MKD నుండి MXN చారిత్రక సమీక్ష