2021 USD to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 USD to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the USD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 55.0087. Conversely, the yearly low was recorded on January 6, dropping to 49.9781.
This high-to-low spread represents a total annual volatility of 5.0306 MKD. From a start-to-finish perspective, comparing the January average rate of 50.6395 to the December average rate of 54.4935, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 55.0087 was down 4.31% compared to the 2020 peak of 57.4874, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 USD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
USD to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 51.1312, compared to 53.0566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9254 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 1.9424 MKD (High: 55.0087 / Low: 53.0663). On the other end, December was the most stable month, with a tight range of 0.5272 MKD (High: 54.8310 / Low: 54.3038).
Growth Streaks & Declines
TrendsBetween May and August, 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 April and May, when the average rate fell by 0.8038 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 54.0215) against the same month in 2020 (average: 52.0540), the exchange rate shifted by +1.9675 (+3.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 51.0576 | 49.9781 | 50.6395 |
| February | 51.4982 | 50.5854 | 50.9676 |
| March | 52.5797 | 50.9883 | 51.8051 |
| April | 52.4573 | 50.7309 | 51.5198 |
| May | 51.3126 | 50.2441 | 50.7160 |
| June | 51.9053 | 50.4115 | 51.1390 |
| July | 52.3617 | 51.7060 | 52.0828 |
| August | 52.7718 | 51.6968 | 52.3613 |
| September | 53.2028 | 51.8300 | 52.2815 |
| October | 53.4507 | 52.7415 | 53.0990 |
| November | 55.0087 | 53.0663 | 54.0215 |
| December | 54.8310 | 54.3038 | 54.4935 |