2020 IDR to MKD Historical Review

YEARLY HIGH

0.0042 MKD

YEARLY LOW

0.0034 MKD

YEARLY AVERAGE

0.0037 MKD

2020 IDR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IDR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.0042. Conversely, the yearly low was recorded on March 23, dropping to 0.0034.

This high-to-low spread represents a total annual volatility of 0.0008 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0040 to the December average rate of 0.0036, the exchange rate registered a net change of -11.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0042 was up 5.57% compared to the 2019 peak of 0.0040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 42,226 MKD

2019 Average 38,885 MKD

Yearly Trough Low 33,812 MKD

Transaction Impact: A difference of 8,414.24 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0042

0.0035

JanuMarcMayJulySeptNove

IDR 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 0.0038, compared to 0.0036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0038

H2 Avg (Jul–Dec) 0.0036

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 MKD (High: 0.0040 / Low: 0.0034). On the other end, October was the most stable month, with a tight range of 0.0001 MKD (High: 0.0036 / Low: 0.0035).

March Spread (Volatile) ±0.0006

October Spread (Stable) ±0.0001

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 February and March, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0040) against the same month in 2019 (average: 0.0038), the exchange rate shifted by +0.0002 (+5.86%).

2020 Avg (January) 0.0040

2019 Avg (January) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0042	0.0039	0.0040
February	0.0042	0.0040	0.0041
March	0.0040	0.0034	0.0037
April	0.0037	0.0034	0.0036
May	0.0039	0.0037	0.0038
June	0.0039	0.0038	0.0039
July	0.0038	0.0035	0.0037
August	0.0036	0.0035	0.0035
September	0.0036	0.0035	0.0035
October	0.0036	0.0035	0.0036
November	0.0037	0.0036	0.0037
December	0.0036	0.0036	0.0036