2020 HUF to MKD Historical Review

YEARLY HIGH

0.1868 MKD

YEARLY LOW

0.1663 MKD

YEARLY AVERAGE

0.1756 MKD

2020 HUF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1868. Conversely, the yearly low was recorded on October 29, dropping to 0.1663.

This high-to-low spread represents a total annual volatility of 0.0205 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1841 to the December average rate of 0.1717, the exchange rate registered a net change of -6.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1868 was down 5.33% compared to the 2019 peak of 0.1973, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 186,801 MKD

2019 Average 189,201 MKD

Yearly Trough Low 166,346 MKD

Transaction Impact: A difference of 20,455.10 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1855

0.1686

JanuMarcMayJulySeptNove

HUF 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 0.1785, compared to 0.1727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1785

H2 Avg (Jul–Dec) 0.1727

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0157 MKD (High: 0.1847 / Low: 0.1690). On the other end, February was the most stable month, with a tight range of 0.0023 MKD (High: 0.1836 / Low: 0.1813).

March Spread (Volatile) ±0.0157

February Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 0.0059 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1841) against the same month in 2019 (average: 0.1928), the exchange rate shifted by -0.0087 (-4.54%).

2020 Avg (January) 0.1841

2019 Avg (January) 0.1928

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1868	0.1819	0.1841
February	0.1836	0.1813	0.1826
March	0.1847	0.1690	0.1785
April	0.1761	0.1677	0.1730
May	0.1774	0.1734	0.1757
June	0.1810	0.1730	0.1774
July	0.1804	0.1733	0.1757
August	0.1791	0.1730	0.1768
September	0.1732	0.1685	0.1709
October	0.1734	0.1663	0.1700
November	0.1736	0.1676	0.1713
December	0.1743	0.1688	0.1717