2020 DZD to MKD Historical Review

YEARLY HIGH

0.4721 MKD

YEARLY LOW

0.3791 MKD

YEARLY AVERAGE

0.4274 MKD

2020 DZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.4721. Conversely, the yearly low was recorded on December 30, dropping to 0.3791.

This high-to-low spread represents a total annual volatility of 0.0930 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4631 to the December average rate of 0.3855, the exchange rate registered a net change of -16.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4721 was up 0.87% compared to the 2019 peak of 0.4680, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,360 MKD

2019 Average 2,301 MKD

Yearly Trough Low 1,895 MKD

Transaction Impact: A difference of 464.81 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4769

0.3772

JanuMarcMayJulySeptNove

DZD 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 0.4502, compared to 0.4046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0456 points.

H1 Avg (Jan–Jun) 0.4502

H2 Avg (Jul–Dec) 0.4046

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0203 MKD (High: 0.3994 / Low: 0.3791). On the other end, August was the most stable month, with a tight range of 0.0044 MKD (High: 0.4078 / Low: 0.4034).

December Spread (Volatile) ±0.0203

August Spread (Stable) ±0.0044

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 November and December, when the average rate fell by 0.0189 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.4686) against the same month in 2019 (average: 0.4574), the exchange rate shifted by +0.0112 (+2.45%).

2020 Avg (February) 0.4686

2019 Avg (February) 0.4574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4660	0.4605	0.4631
February	0.4721	0.4643	0.4686
March	0.4679	0.4495	0.4592
April	0.4536	0.4419	0.4456
May	0.4430	0.4306	0.4392
June	0.4312	0.4229	0.4255
July	0.4250	0.4066	0.4192
August	0.4078	0.4034	0.4062
September	0.4088	0.4040	0.4059
October	0.4095	0.4039	0.4064
November	0.4099	0.3997	0.4043
December	0.3994	0.3791	0.3855