YEARLY HIGH
0.1023 MKD
YEARLY LOW
0.0821 MKD
YEARLY AVERAGE
0.0927 MKD

2020 CRC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CRC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.1023. Conversely, the yearly low was recorded on December 30, dropping to 0.0821.

This high-to-low spread represents a total annual volatility of 0.0202 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0975 to the December average rate of 0.0836, the exchange rate registered a net change of -14.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1023 was up 2.73% compared to the 2019 peak of 0.0995, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 511 MKD
2019 Average 469 MKD
Yearly Trough Low 410 MKD
Transaction Impact: A difference of 100.91 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1011
0.0821
JanuMarcMayJulySeptNove

CRC 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 0.0981, compared to 0.0873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0107 points.

H1 Avg (Jan–Jun) 0.0981
H2 Avg (Jul–Dec) 0.0873

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0076 MKD (High: 0.1023 / Low: 0.0947). On the other end, October was the most stable month, with a tight range of 0.0011 MKD (High: 0.0873 / Low: 0.0862).

March Spread (Volatile) ±0.0076
October Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0045 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0977) against the same month in 2019 (average: 0.0902), the exchange rate shifted by +0.0075 (+8.35%).

2020 Avg (March) 0.0977
2019 Avg (March) 0.0902

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0988 0.0955 0.0975
February 0.1008 0.0979 0.0992
March 0.1023 0.0947 0.0977
April 0.1011 0.0972 0.0995
May 0.1004 0.0973 0.0994
June 0.0972 0.0935 0.0951
July 0.0944 0.0891 0.0925
August 0.0896 0.0868 0.0879
September 0.0886 0.0869 0.0875
October 0.0873 0.0862 0.0868
November 0.0871 0.0848 0.0855
December 0.0852 0.0821 0.0836