2021 MKD to SEK Historical Review

YEARLY HIGH

0.1687 SEK

YEARLY LOW

0.1604 SEK

YEARLY AVERAGE

0.1647 SEK

2021 MKD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1687. Conversely, the yearly low was recorded on November 1, dropping to 0.1604.

This high-to-low spread represents a total annual volatility of 0.0083 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1639 to the December average rate of 0.1669, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1687 was down 8.13% compared to the 2020 peak of 0.1836, 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 843 SEK

2020 Average 851 SEK

Yearly Trough Low 802 SEK

Transaction Impact: A difference of 41.44 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1673

0.1628

JanuMarcMayJulySeptNove

MKD to SEK 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 0.1644, compared to 0.1651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1644

H2 Avg (Jul–Dec) 0.1651

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0072 SEK (High: 0.1676 / Low: 0.1604). On the other end, September was the most stable month, with a tight range of 0.0020 SEK (High: 0.1665 / Low: 0.1644).

November Spread (Volatile) ±0.0072

September Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1669) against the same month in 2020 (average: 0.1650), the exchange rate shifted by +0.0019 (+1.15%).

2021 Avg (December) 0.1669

2020 Avg (December) 0.1650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1648	0.1625	0.1639
February	0.1668	0.1625	0.1636
March	0.1662	0.1639	0.1649
April	0.1667	0.1635	0.1650
May	0.1662	0.1630	0.1646
June	0.1668	0.1628	0.1644
July	0.1667	0.1643	0.1656
August	0.1673	0.1646	0.1658
September	0.1665	0.1644	0.1653
October	0.1651	0.1614	0.1631
November	0.1676	0.1604	0.1637
December	0.1687	0.1656	0.1669

2021 MKD నుండి SEK చారిత్రక సమీక్ష