2021 MYR to MKD Historical Review

YEARLY HIGH

13.1039 MKD

YEARLY LOW

12.1289 MKD

YEARLY AVERAGE

12.5717 MKD

2021 MYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 13.1039. Conversely, the yearly low was recorded on May 25, dropping to 12.1289.

This high-to-low spread represents a total annual volatility of 0.9750 MKD. From a start-to-finish perspective, comparing the January average rate of 12.5381 to the December average rate of 12.9378, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.1039 was down 4.60% compared to the 2020 peak of 13.7359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 262,078 MKD

2020 Average 257,334 MKD

Yearly Trough Low 242,579 MKD

Transaction Impact: A difference of 19,499.27 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.0023

12.2276

JanuMarcMayJulySeptNove

MYR 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 12.4815, compared to 12.6619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1803 points.

H1 Avg (Jan–Jun) 12.4815

H2 Avg (Jul–Dec) 12.6619

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.3661 MKD (High: 12.4950 / Low: 12.1289). On the other end, October was the most stable month, with a tight range of 0.1314 MKD (High: 12.8318 / Low: 12.7003).

May Spread (Volatile) ±0.3661

October Spread (Stable) ±0.1314

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2013 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.2013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 12.9224) against the same month in 2020 (average: 12.6637), the exchange rate shifted by +0.2587 (+2.04%).

2021 Avg (November) 12.9224

2020 Avg (November) 12.6637

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.6490	12.4321	12.5381
February	12.6890	12.4764	12.5921
March	12.6816	12.4805	12.6021
April	12.6592	12.3659	12.4935
May	12.4950	12.1289	12.2922
June	12.5028	12.2165	12.3711
July	12.5510	12.2468	12.3972
August	12.5455	12.2461	12.4091
September	12.7082	12.4798	12.5506
October	12.8318	12.7003	12.7541
November	13.1039	12.7763	12.9224
December	13.0383	12.8552	12.9378

2021 MYR నుండి MKD చారిత్రక సమీక్ష