2020 CZK to MKD Historical Review

YEARLY HIGH

2.4808 MKD

YEARLY LOW

2.1785 MKD

YEARLY AVERAGE

2.3313 MKD

2020 CZK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CZK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 2.4808. Conversely, the yearly low was recorded on March 19, dropping to 2.1785.

This high-to-low spread represents a total annual volatility of 0.3023 MKD. From a start-to-finish perspective, comparing the January average rate of 2.4384 to the December average rate of 2.3444, the exchange rate registered a net change of -3.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4808 was up 2.08% compared to the 2019 peak of 2.4301, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,404 MKD

2019 Average 11,986 MKD

Yearly Trough Low 10,893 MKD

Transaction Impact: A difference of 1,511.32 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4771

2.2408

JanuMarcMayJulySeptNove

CZK 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 2.3419, compared to 2.3208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0211 points.

H1 Avg (Jan–Jun) 2.3419

H2 Avg (Jul–Dec) 2.3208

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2588 MKD (High: 2.4374 / Low: 2.1785). On the other end, January was the most stable month, with a tight range of 0.0350 MKD (High: 2.4552 / Low: 2.4202).

March Spread (Volatile) ±0.2588

January Spread (Stable) ±0.0350

Growth Streaks & Declines

Trends

Between May and August, 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 0.1353 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.4574) against the same month in 2019 (average: 2.3951), the exchange rate shifted by +0.0623 (+2.60%).

2020 Avg (February) 2.4574

2019 Avg (February) 2.3951

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4552	2.4202	2.4384
February	2.4808	2.4314	2.4574
March	2.4374	2.1785	2.3222
April	2.2960	2.2060	2.2612
May	2.2891	2.2205	2.2605
June	2.3403	2.2931	2.3115
July	2.3742	2.3055	2.3254
August	2.3772	2.3342	2.3558
September	2.3481	2.2664	2.3035
October	2.2938	2.2367	2.2652
November	2.3613	2.2537	2.3304
December	2.3652	2.3181	2.3444