2019 VUV to MKD Historical Review

YEARLY HIGH

0.4988 MKD

YEARLY LOW

0.4700 MKD

YEARLY AVERAGE

0.4840 MKD

2019 VUV to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the VUV to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 18, valuing the pair at 0.4988. Conversely, the yearly low was recorded on July 3, dropping to 0.4700.

This high-to-low spread represents a total annual volatility of 0.0288 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4862 to the December average rate of 0.4783, the exchange rate registered a net change of -1.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4988 was down 0.32% compared to the 2018 peak of 0.5004, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,494 MKD

2018 Average 2,417 MKD

Yearly Trough Low 2,350 MKD

Transaction Impact: A difference of 143.82 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4953

0.4737

JanuMarcMayJulySeptNove

VUV 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 0.4897, compared to 0.4783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0114 points.

H1 Avg (Jan–Jun) 0.4897

H2 Avg (Jul–Dec) 0.4783

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0272 MKD (High: 0.4975 / Low: 0.4704). On the other end, December was the most stable month, with a tight range of 0.0059 MKD (High: 0.4814 / Low: 0.4755).

June Spread (Volatile) ±0.0272

December Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0115 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.4935) against the same month in 2018 (average: 0.4837), the exchange rate shifted by +0.0097 (+2.01%).

2019 Avg (May) 0.4935

2018 Avg (May) 0.4837

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4894	0.4819	0.4862
February	0.4950	0.4857	0.4892
March	0.4950	0.4855	0.4896
April	0.4969	0.4885	0.4929
May	0.4988	0.4903	0.4935
June	0.4975	0.4704	0.4869
July	0.4786	0.4700	0.4755
August	0.4839	0.4717	0.4760
September	0.4863	0.4767	0.4809
October	0.4856	0.4738	0.4788
November	0.4856	0.4753	0.4804
December	0.4814	0.4755	0.4783