YEARLY HIGH
35.4412 MKD
YEARLY LOW
27.9086 MKD
YEARLY AVERAGE
30.4506 MKD

2020 ANG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ANG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 35.4412. Conversely, the yearly low was recorded on December 30, dropping to 27.9086.

This high-to-low spread represents a total annual volatility of 7.5325 MKD. From a start-to-finish perspective, comparing the January average rate of 33.2488 to the December average rate of 28.2050, the exchange rate registered a net change of -15.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 35.4412 was up 7.53% compared to the 2019 peak of 32.9607, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 177,206 MKD
2019 Average 153,168 MKD
Yearly Trough Low 139,543 MKD
Transaction Impact: A difference of 37,662.53 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

33.7532
27.7006
JanuMarcMayJulySeptNove

ANG 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 31.8152, compared to 29.0860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7292 points.

H1 Avg (Jan–Jun) 31.8152
H2 Avg (Jul–Dec) 29.0860

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 4.0730 MKD (High: 35.4412 / Low: 31.3682). On the other end, October was the most stable month, with a tight range of 0.4347 MKD (High: 29.3765 / Low: 28.9418).

February Spread (Volatile) ±4.0730
October Spread (Stable) ±0.4347

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 1.6551 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.6551

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 32.8091) against the same month in 2019 (average: 30.1325), the exchange rate shifted by +2.6766 (+8.88%).

2020 Avg (February) 32.8091
2019 Avg (February) 30.1325

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 34.1569 32.3778 33.2488
February 35.4412 31.3682 32.8091
March 32.3075 30.0987 31.1540
April 31.9391 31.3514 31.6706
May 31.7993 30.8609 31.4880
June 30.8473 30.2108 30.5207
July 30.5685 28.9724 29.9859
August 29.2405 28.7746 29.0338
September 29.5048 28.8187 29.1162
October 29.3765 28.9418 29.1753
November 29.4850 28.7667 28.9996
December 28.6768 27.9086 28.2050