YEARLY HIGH
31.9374 MKD
YEARLY LOW
27.8322 MKD
YEARLY AVERAGE
30.0396 MKD

2020 AWG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AWG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 31.9374. Conversely, the yearly low was recorded on December 30, dropping to 27.8322.

This high-to-low spread represents a total annual volatility of 4.1052 MKD. From a start-to-finish perspective, comparing the January average rate of 30.7708 to the December average rate of 28.1289, the exchange rate registered a net change of -8.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 31.9374 was up 1.81% compared to the 2019 peak of 31.3704, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,687 MKD
2019 Average 152,652 MKD
Yearly Trough Low 139,161 MKD
Transaction Impact: A difference of 20,526.20 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

31.8623
27.7895
JanuMarcMayJulySeptNove

AWG 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 31.0746, compared to 29.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0700 points.

H1 Avg (Jan–Jun) 31.0746
H2 Avg (Jul–Dec) 29.0046

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.9837 MKD (High: 31.9374 / Low: 29.9537). On the other end, October was the most stable month, with a tight range of 0.4311 MKD (High: 29.2903 / Low: 28.8593).

March Spread (Volatile) ±1.9837
October Spread (Stable) ±0.4311

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 May and June, when the average rate fell by 0.9569 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9569

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 30.9657) against the same month in 2019 (average: 30.2025), the exchange rate shifted by +0.7632 (+2.53%).

2020 Avg (March) 30.9657
2019 Avg (March) 30.2025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 31.0401 30.4650 30.7708
February 31.7265 30.9673 31.3639
March 31.9374 29.9537 30.9657
April 31.7654 31.1629 31.5229
May 31.7096 30.7606 31.3907
June 30.7500 30.1189 30.4338
July 30.5248 28.9042 29.9002
August 29.1561 28.6708 28.9512
September 29.4181 28.7259 29.0348
October 29.2903 28.8593 29.0936
November 29.4066 28.6921 28.9189
December 28.6036 27.8322 28.1289