YEARLY HIGH
0.0951 MKD
YEARLY LOW
0.0927 MKD
YEARLY AVERAGE
0.0938 MKD

2019 XAF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the XAF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0951. Conversely, the yearly low was recorded on July 28, dropping to 0.0927.

This high-to-low spread represents a total annual volatility of 0.0023 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0940 to the December average rate of 0.0938, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0951 was up 0.36% compared to the 2018 peak of 0.0947, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 475 MKD
2018 Average 469 MKD
Yearly Trough Low 464 MKD
Transaction Impact: A difference of 11.54 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0940
0.0935
JanuMarcMayJulySeptNove

XAF 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 0.0939, compared to 0.0938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0939
H2 Avg (Jul–Dec) 0.0938

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0021 MKD (High: 0.0951 / Low: 0.0929). On the other end, November was the most stable month, with a tight range of 0.0002 MKD (High: 0.0939 / Low: 0.0937).

August Spread (Volatile) ±0.0021
November Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0938) against the same month in 2018 (average: 0.0939), the exchange rate shifted by -0.0001 (-0.07%).

2019 Avg (August) 0.0938
2018 Avg (August) 0.0939

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0948 0.0929 0.0940
February 0.0944 0.0936 0.0939
March 0.0943 0.0931 0.0937
April 0.0941 0.0935 0.0938
May 0.0944 0.0937 0.0939
June 0.0947 0.0931 0.0939
July 0.0943 0.0927 0.0935
August 0.0951 0.0929 0.0938
September 0.0944 0.0928 0.0938
October 0.0941 0.0935 0.0938
November 0.0939 0.0937 0.0938
December 0.0942 0.0933 0.0938