YEARLY HIGH
1.5935 MKD
YEARLY LOW
1.5055 MKD
YEARLY AVERAGE
1.5457 MKD

2019 MUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1.5935. Conversely, the yearly low was recorded on December 30, dropping to 1.5055.

This high-to-low spread represents a total annual volatility of 0.0880 MKD. From a start-to-finish perspective, comparing the January average rate of 1.5743 to the December average rate of 1.5144, the exchange rate registered a net change of -3.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.5935 was up 0.24% compared to the 2018 peak of 1.5898, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MUR based on timing:

Yearly Peak High 7,968 MKD
2018 Average 7,666 MKD
Yearly Trough Low 7,528 MKD
Transaction Impact: A difference of 440.03 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.5902
1.5075
JanuMarcMayJulySeptNove

MUR to MKD 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 1.5643, compared to 1.5271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0372 points.

H1 Avg (Jan–Jun) 1.5643
H2 Avg (Jul–Dec) 1.5271

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0460 MKD (High: 1.5931 / Low: 1.5471). On the other end, December was the most stable month, with a tight range of 0.0175 MKD (High: 1.5230 / Low: 1.5055).

March Spread (Volatile) ±0.0460
December Spread (Stable) ±0.0175

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0316 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0316

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1.5833) against the same month in 2018 (average: 1.5294), the exchange rate shifted by +0.0539 (+3.52%).

2019 Avg (February) 1.5833
2018 Avg (February) 1.5294

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5879 1.5617 1.5743
February 1.5935 1.5633 1.5833
March 1.5931 1.5471 1.5691
April 1.5807 1.5602 1.5690
May 1.5784 1.5452 1.5607
June 1.5452 1.5191 1.5291
July 1.5375 1.5058 1.5219
August 1.5427 1.5108 1.5329
September 1.5566 1.5282 1.5397
October 1.5485 1.5156 1.5286
November 1.5361 1.5151 1.5249
December 1.5230 1.5055 1.5144