YEARLY HIGH
0.6182 MKD
YEARLY LOW
0.4460 MKD
YEARLY AVERAGE
0.4981 MKD

2020 ALL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ALL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.6182. Conversely, the yearly low was recorded on May 10, dropping to 0.4460.

This high-to-low spread represents a total annual volatility of 0.1721 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5039 to the December average rate of 0.4989, the exchange rate registered a net change of -0.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6182 was up 21.05% compared to the 2019 peak of 0.5107, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,091 MKD
2019 Average 2,501 MKD
Yearly Trough Low 2,230 MKD
Transaction Impact: A difference of 860.51 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5056
0.4903
JanuMarcMayJulySeptNove

ALL 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 0.4982, compared to 0.4980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.4982
H2 Avg (Jul–Dec) 0.4980

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.1241 MKD (High: 0.6182 / Low: 0.4941). On the other end, November was the most stable month, with a tight range of 0.0035 MKD (High: 0.4997 / Low: 0.4962).

July Spread (Volatile) ±0.1241
November Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0073 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 0.5004) against the same month in 2019 (average: 0.5028), the exchange rate shifted by -0.0024 (-0.47%).

2020 Avg (July) 0.5004
2019 Avg (July) 0.5028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5071 0.5013 0.5039
February 0.5071 0.5020 0.5043
March 0.5050 0.4721 0.4970
April 0.5038 0.4796 0.4916
May 0.5054 0.4460 0.4962
June 0.5034 0.4930 0.4961
July 0.6182 0.4941 0.5004
August 0.5019 0.4937 0.4971
September 0.4995 0.4943 0.4968
October 0.4987 0.4931 0.4969
November 0.4997 0.4962 0.4980
December 0.5021 0.4961 0.4989