2021 XCD to MKD Historical Review

YEARLY HIGH

20.3544 MKD

YEARLY LOW

18.4929 MKD

YEARLY AVERAGE

19.2758 MKD

2021 XCD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the XCD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 20.3544. Conversely, the yearly low was recorded on January 6, dropping to 18.4929.

This high-to-low spread represents a total annual volatility of 1.8614 MKD. From a start-to-finish perspective, comparing the January average rate of 18.7377 to the December average rate of 20.1638, 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 20.3544 was down 4.31% compared to the 2020 peak of 21.2715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101,772 MKD

2020 Average 100,017 MKD

Yearly Trough Low 92,465 MKD

Transaction Impact: A difference of 9,307.18 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

20.3064

18.5950

JanuMarcMayJulySeptNove

XCD 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 18.9196, compared to 19.6321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7125 points.

H1 Avg (Jan–Jun) 18.9196

H2 Avg (Jul–Dec) 19.6321

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.7187 MKD (High: 20.3544 / Low: 19.6356). On the other end, December was the most stable month, with a tight range of 0.1951 MKD (High: 20.2886 / Low: 20.0935).

November Spread (Volatile) ±0.7187

December Spread (Stable) ±0.1951

Growth Streaks & Declines

Trends

Between 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 0.2974 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2974

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 19.9891) against the same month in 2020 (average: 19.2611), the exchange rate shifted by +0.7280 (+3.78%).

2021 Avg (November) 19.9891

2020 Avg (November) 19.2611

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.8924	18.4929	18.7377
February	19.0554	18.7176	18.8591
March	19.4556	18.8667	19.1690
April	19.4103	18.7715	19.0634
May	18.9867	18.5914	18.7660
June	19.2061	18.6533	18.9225
July	19.3749	19.1323	19.2717
August	19.5267	19.1289	19.3748
September	19.6862	19.1782	19.3452
October	19.7779	19.5155	19.6477
November	20.3544	19.6356	19.9891
December	20.2886	20.0935	20.1638