YEARLY HIGH
43.1084 MKD
YEARLY LOW
38.7316 MKD
YEARLY AVERAGE
40.3121 MKD

2020 CAD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 43.1084. Conversely, the yearly low was recorded on March 18, dropping to 38.7316.

This high-to-low spread represents a total annual volatility of 4.3769 MKD. From a start-to-finish perspective, comparing the January average rate of 42.3494 to the December average rate of 39.5304, the exchange rate registered a net change of -6.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 43.1084 was up 1.18% compared to the 2019 peak of 42.6063, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 215,542 MKD
2019 Average 207,139 MKD
Yearly Trough Low 193,658 MKD
Transaction Impact: A difference of 21,884.32 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

42.8178
39.0480
JanuMarcMayJulySeptNove

CAD 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 41.0040, compared to 39.6202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3839 points.

H1 Avg (Jan–Jun) 41.0040
H2 Avg (Jul–Dec) 39.6202

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.0370 MKD (High: 41.7685 / Low: 38.7316). On the other end, January was the most stable month, with a tight range of 0.4542 MKD (High: 42.5624 / Low: 42.1082).

March Spread (Volatile) ±3.0370
January Spread (Stable) ±0.4542

Growth Streaks & Declines

Trends

Between March and June, 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 2.4977 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.4977

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 42.5036) against the same month in 2019 (average: 41.1100), the exchange rate shifted by +1.3937 (+3.39%).

2020 Avg (February) 42.5036
2019 Avg (February) 41.1100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 42.5624 42.1082 42.3494
February 43.1084 41.9012 42.5036
March 41.7685 38.7316 40.0059
April 40.8334 39.8122 40.3707
May 40.8028 39.7750 40.3836
June 41.0171 40.0222 40.4110
July 40.4919 38.7940 39.8371
August 39.8047 38.7934 39.3622
September 39.8353 39.2081 39.5426
October 39.9250 39.3563 39.6473
November 40.1354 39.4784 39.8015
December 39.9644 39.1580 39.5304