YEARLY HIGH
0.2771 MKD
YEARLY LOW
0.2394 MKD
YEARLY AVERAGE
0.2586 MKD

2020 GYD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GYD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.2771. Conversely, the yearly low was recorded on December 30, dropping to 0.2394.

This high-to-low spread represents a total annual volatility of 0.0376 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2652 to the December average rate of 0.2419, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2771 was up 2.37% compared to the 2019 peak of 0.2707, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,385 MKD
2019 Average 1,315 MKD
Yearly Trough Low 1,197 MKD
Transaction Impact: A difference of 188.09 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2744
0.2390
JanuMarcMayJulySeptNove

GYD 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 0.2677, compared to 0.2496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 0.2677
H2 Avg (Jul–Dec) 0.2496

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0199 MKD (High: 0.2771 / Low: 0.2571). On the other end, October was the most stable month, with a tight range of 0.0036 MKD (High: 0.2520 / Low: 0.2483).

March Spread (Volatile) ±0.0199
October Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between August and October, 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 0.0082 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2668) against the same month in 2019 (average: 0.2607), the exchange rate shifted by +0.0061 (+2.35%).

2020 Avg (March) 0.2668
2019 Avg (March) 0.2607

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2687 0.2608 0.2652
February 0.2734 0.2665 0.2703
March 0.2771 0.2571 0.2668
April 0.2737 0.2683 0.2714
May 0.2729 0.2649 0.2702
June 0.2649 0.2584 0.2620
July 0.2623 0.2484 0.2574
August 0.2510 0.2470 0.2492
September 0.2532 0.2478 0.2500
October 0.2520 0.2483 0.2504
November 0.2530 0.2464 0.2489
December 0.2457 0.2394 0.2419