2020 INR to MKD Historical Review

YEARLY HIGH

0.7975 MKD

YEARLY LOW

0.6807 MKD

YEARLY AVERAGE

0.7297 MKD

2020 INR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the INR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.7975. Conversely, the yearly low was recorded on December 21, dropping to 0.6807.

This high-to-low spread represents a total annual volatility of 0.1168 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7772 to the December average rate of 0.6874, the exchange rate registered a net change of -11.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7975 was down 0.80% compared to the 2019 peak of 0.8039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 199,374 MKD

2019 Average 195,186 MKD

Yearly Trough Low 170,179 MKD

Transaction Impact: A difference of 29,194.20 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7988

0.6772

JanuMarcMayJulySeptNove

INR 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 0.7546, compared to 0.7048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0498 points.

H1 Avg (Jan–Jun) 0.7546

H2 Avg (Jul–Dec) 0.7048

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0533 MKD (High: 0.7776 / Low: 0.7244). On the other end, September was the most stable month, with a tight range of 0.0121 MKD (High: 0.7185 / Low: 0.7064).

March Spread (Volatile) ±0.0533

September Spread (Stable) ±0.0121

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 February and March, when the average rate fell by 0.0408 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0408

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.7887) against the same month in 2019 (average: 0.7623), the exchange rate shifted by +0.0264 (+3.46%).

2020 Avg (February) 0.7887

2019 Avg (February) 0.7623

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7833	0.7649	0.7772
February	0.7975	0.7776	0.7887
March	0.7776	0.7244	0.7479
April	0.7528	0.7357	0.7444
May	0.7552	0.7331	0.7463
June	0.7349	0.7161	0.7231
July	0.7347	0.6944	0.7185
August	0.7130	0.6924	0.6988
September	0.7185	0.7064	0.7108
October	0.7176	0.7045	0.7119
November	0.7109	0.6967	0.7013
December	0.7008	0.6807	0.6874