2020 IQD to MKD Historical Review

YEARLY HIGH

0.0483 MKD

YEARLY LOW

0.0343 MKD

YEARLY AVERAGE

0.0452 MKD

2020 IQD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0483. Conversely, the yearly low was recorded on December 30, dropping to 0.0343.

This high-to-low spread represents a total annual volatility of 0.0140 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0465 to the December average rate of 0.0405, the exchange rate registered a net change of -12.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0483 was up 1.79% compared to the 2019 peak of 0.0474, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 241 MKD

2019 Average 231 MKD

Yearly Trough Low 171 MKD

Transaction Impact: A difference of 69.94 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0484

0.0397

JanuMarcMayJulySeptNove

IQD 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 0.0470, compared to 0.0435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0470

H2 Avg (Jul–Dec) 0.0435

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0089 MKD (High: 0.0432 / Low: 0.0343). On the other end, October was the most stable month, with a tight range of 0.0007 MKD (High: 0.0443 / Low: 0.0436).

December Spread (Volatile) ±0.0089

October Spread (Stable) ±0.0007

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 November and December, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0468) against the same month in 2019 (average: 0.0457), the exchange rate shifted by +0.0011 (+2.40%).

2020 Avg (March) 0.0468

2019 Avg (March) 0.0457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0469	0.0457	0.0465
February	0.0479	0.0467	0.0474
March	0.0483	0.0453	0.0468
April	0.0480	0.0471	0.0476
May	0.0480	0.0465	0.0475
June	0.0464	0.0456	0.0460
July	0.0461	0.0437	0.0452
August	0.0440	0.0433	0.0437
September	0.0445	0.0433	0.0438
October	0.0443	0.0436	0.0439
November	0.0444	0.0433	0.0437
December	0.0432	0.0343	0.0405