2020 BRL to MKD Historical Review

YEARLY HIGH

13.6693 MKD

YEARLY LOW

9.0678 MKD

YEARLY AVERAGE

10.6054 MKD

2020 BRL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BRL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 13.6693. Conversely, the yearly low was recorded on October 29, dropping to 9.0678.

This high-to-low spread represents a total annual volatility of 4.6014 MKD. From a start-to-finish perspective, comparing the January average rate of 13.3751 to the December average rate of 9.8406, the exchange rate registered a net change of -26.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.6693 was down 7.61% compared to the 2019 peak of 14.7948, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 341,732 MKD

2019 Average 348,674 MKD

Yearly Trough Low 226,696 MKD

Transaction Impact: A difference of 115,036.13 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.7823

8.8954

JanuMarcMayJulySeptNove

BRL 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 11.5178, compared to 9.6930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8248 points.

H1 Avg (Jan–Jun) 11.5178

H2 Avg (Jul–Dec) 9.6930

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.7927 MKD (High: 12.5312 / Low: 10.7385). On the other end, October was the most stable month, with a tight range of 0.3795 MKD (High: 9.4473 / Low: 9.0678).

March Spread (Volatile) ±1.7927

October Spread (Stable) ±0.3795

Growth Streaks & Declines

Trends

Between October and December, 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 1.5658 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 13.3751) against the same month in 2019 (average: 14.4347), the exchange rate shifted by -1.0596 (-7.34%).

2020 Avg (January) 13.3751

2019 Avg (January) 14.4347

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.6693	13.0160	13.3751
February	13.2261	12.5252	12.9899
March	12.5312	10.7385	11.4241
April	11.1077	10.0637	10.6794
May	10.6140	9.6582	10.0785
June	11.3247	10.0108	10.5599
July	10.3982	9.9619	10.1728
August	9.9619	9.2861	9.5715
September	9.9564	9.3181	9.6838
October	9.4473	9.0678	9.3027
November	9.7810	9.1363	9.5870
December	10.0977	9.6272	9.8406