2020 EUR to MKD Historical Review

YEARLY HIGH

63.1725 MKD

YEARLY LOW

60.4964 MKD

YEARLY AVERAGE

61.6451 MKD

2020 EUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 63.1725. Conversely, the yearly low was recorded on March 19, dropping to 60.4964.

This high-to-low spread represents a total annual volatility of 2.6760 MKD. From a start-to-finish perspective, comparing the January average rate of 61.4991 to the December average rate of 61.6322, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 63.1725 was up 1.31% compared to the 2019 peak of 62.3538, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 315,862 MKD

2019 Average 307,710 MKD

Yearly Trough Low 302,482 MKD

Transaction Impact: A difference of 13,380.25 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

61.7808

61.4734

JanuMarcMayJulySeptNove

EUR 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 61.6514, compared to 61.6388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 61.6514

H2 Avg (Jul–Dec) 61.6388

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.6760 MKD (High: 63.1725 / Low: 60.4964). On the other end, September was the most stable month, with a tight range of 0.3953 MKD (High: 61.8168 / Low: 61.4215).

March Spread (Volatile) ±2.6760

September Spread (Stable) ±0.3953

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.1031 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 61.7104) against the same month in 2019 (average: 61.4926), the exchange rate shifted by +0.2178 (+0.35%).

2020 Avg (March) 61.7104

2019 Avg (March) 61.4926

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	61.8453	61.2424	61.4991
February	61.8931	61.4777	61.6300
March	63.1725	60.4964	61.7104
April	62.0952	61.1489	61.6618
May	62.9425	61.4874	61.7552
June	62.4048	61.2476	61.6522
July	62.2600	61.2823	61.6621
August	62.0796	61.2823	61.6506
September	61.8168	61.4215	61.5986
October	61.7674	61.2012	61.6244
November	61.8671	61.3702	61.6645
December	62.1484	61.3039	61.6322