2020 JMD to MKD Historical Review

YEARLY HIGH

0.4265 MKD

YEARLY LOW

0.3453 MKD

YEARLY AVERAGE

0.3816 MKD

2020 JMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.4265. Conversely, the yearly low was recorded on August 18, dropping to 0.3453.

This high-to-low spread represents a total annual volatility of 0.0812 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4117 to the December average rate of 0.3523, the exchange rate registered a net change of -14.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4265 was down 2.76% compared to the 2019 peak of 0.4386, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,132 MKD

2019 Average 2,059 MKD

Yearly Trough Low 1,726 MKD

Transaction Impact: A difference of 405.87 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4189

0.3434

JanuMarcMayJulySeptNove

JMD 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 0.4035, compared to 0.3597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0438 points.

H1 Avg (Jan–Jun) 0.4035

H2 Avg (Jul–Dec) 0.3597

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0408 MKD (High: 0.3944 / Low: 0.3535). On the other end, December was the most stable month, with a tight range of 0.0077 MKD (High: 0.3549 / Low: 0.3471).

July Spread (Volatile) ±0.0408

December Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0266 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0266

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.4123) against the same month in 2019 (average: 0.4314), the exchange rate shifted by -0.0191 (-4.43%).

2020 Avg (March) 0.4123

2019 Avg (March) 0.4314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4206	0.3995	0.4117
February	0.4113	0.3991	0.4037
March	0.4265	0.4004	0.4123
April	0.4261	0.4003	0.4126
May	0.4033	0.3829	0.3916
June	0.3941	0.3807	0.3892
July	0.3944	0.3535	0.3762
August	0.3554	0.3453	0.3497
September	0.3743	0.3488	0.3635
October	0.3718	0.3565	0.3626
November	0.3648	0.3513	0.3542
December	0.3549	0.3471	0.3523