2020 FJD to MKD Historical Review

YEARLY HIGH

26.0154 MKD

YEARLY LOW

24.0441 MKD

YEARLY AVERAGE

24.9306 MKD

2020 FJD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FJD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 26.0154. Conversely, the yearly low was recorded on March 19, dropping to 24.0441.

This high-to-low spread represents a total annual volatility of 1.9713 MKD. From a start-to-finish perspective, comparing the January average rate of 25.5700 to the December average rate of 24.6179, the exchange rate registered a net change of -3.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 26.0154 was down 14.15% compared to the 2019 peak of 30.3047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 130,077 MKD

2019 Average 127,532 MKD

Yearly Trough Low 120,221 MKD

Transaction Impact: A difference of 9,856.29 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

25.7522

24.3768

JanuMarcMayJulySeptNove

FJD 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 25.1795, compared to 24.6818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4977 points.

H1 Avg (Jan–Jun) 25.1795

H2 Avg (Jul–Dec) 24.6818

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.2657 MKD (High: 25.3099 / Low: 24.0441). On the other end, January was the most stable month, with a tight range of 0.2792 MKD (High: 25.7611 / Low: 25.4818).

March Spread (Volatile) ±1.2657

January Spread (Stable) ±0.2792

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 1.1174 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 25.6376) against the same month in 2019 (average: 25.5752), the exchange rate shifted by +0.0624 (+0.24%).

2020 Avg (February) 25.6376

2019 Avg (February) 25.5752

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.7611	25.4818	25.5700
February	26.0154	25.3099	25.6376
March	25.3099	24.0441	24.5202
April	25.5181	24.5972	24.9679
May	25.3912	24.9919	25.2248
June	25.3598	24.8954	25.1566
July	25.4610	24.5124	25.0644
August	24.6791	24.3262	24.4914
September	24.9125	24.4179	24.6081
October	24.7227	24.3164	24.5488
November	24.9023	24.2350	24.7601
December	24.7746	24.4111	24.6179