2021 MZN to MKD Historical Review

YEARLY HIGH

0.9273 MKD

YEARLY LOW

0.6684 MKD

YEARLY AVERAGE

0.7998 MKD

2021 MZN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MZN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.9273. Conversely, the yearly low was recorded on January 5, dropping to 0.6684.

This high-to-low spread represents a total annual volatility of 0.2589 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6757 to the December average rate of 0.8532, the exchange rate registered a net change of 26.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9273 was up 3.59% compared to the 2020 peak of 0.8952, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,637 MKD

2020 Average 3,910 MKD

Yearly Trough Low 3,342 MKD

Transaction Impact: A difference of 1,294.58 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8828

0.6569

JanuMarcMayJulySeptNove

MZN 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 0.7677, compared to 0.8320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0643 points.

H1 Avg (Jan–Jun) 0.7677

H2 Avg (Jul–Dec) 0.8320

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1552 MKD (High: 0.9273 / Low: 0.7722). On the other end, December was the most stable month, with a tight range of 0.0085 MKD (High: 0.8589 / Low: 0.8503).

April Spread (Volatile) ±0.1552

December Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0399 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.8640) against the same month in 2020 (average: 0.8438), the exchange rate shifted by +0.0201 (+2.39%).

2021 Avg (April) 0.8640

2020 Avg (April) 0.8438

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6830	0.6684	0.6757
February	0.6846	0.6739	0.6781
March	0.7652	0.6824	0.7128
April	0.9273	0.7722	0.8640
May	0.8898	0.8265	0.8578
June	0.8248	0.8112	0.8179
July	0.8232	0.8126	0.8193
August	0.8281	0.8125	0.8222
September	0.8340	0.8127	0.8193
October	0.8367	0.8257	0.8317
November	0.8616	0.8312	0.8461
December	0.8589	0.8503	0.8532

2021 MZN నుండి MKD చారిత్రక సమీక్ష