2021 MKD to NOK Historical Review

YEARLY HIGH

0.1720 NOK

YEARLY LOW

0.1572 NOK

YEARLY AVERAGE

0.1651 NOK

2021 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.1720. Conversely, the yearly low was recorded on October 20, dropping to 0.1572.

This high-to-low spread represents a total annual volatility of 0.0147 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1683 to the December average rate of 0.1647, the exchange rate registered a net change of -2.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1720 was down 16.81% compared to the 2020 peak of 0.2067, 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 860 NOK

2020 Average 871 NOK

Yearly Trough Low 786 NOK

Transaction Impact: A difference of 73.64 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1701

0.1585

JanuMarcMayJulySeptNove

MKD to NOK 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 0.1653, compared to 0.1649 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1653

H2 Avg (Jul–Dec) 0.1649

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0081 NOK (High: 0.1666 / Low: 0.1586). On the other end, April was the most stable month, with a tight range of 0.0031 NOK (High: 0.1643 / Low: 0.1611).

November Spread (Volatile) ±0.0081

April Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0062 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.1684) against the same month in 2020 (average: 0.1728), the exchange rate shifted by -0.0044 (-2.52%).

2021 Avg (July) 0.1684

2020 Avg (July) 0.1728

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1711	0.1661	0.1683
February	0.1712	0.1651	0.1669
March	0.1673	0.1626	0.1646
April	0.1643	0.1611	0.1630
May	0.1666	0.1610	0.1638
June	0.1681	0.1634	0.1649
July	0.1720	0.1649	0.1684
August	0.1716	0.1661	0.1691
September	0.1673	0.1634	0.1657
October	0.1622	0.1572	0.1594
November	0.1666	0.1586	0.1622
December	0.1687	0.1615	0.1647

2021 MKD నుండి NOK చారిత్రక సమీక్ష