2020 JOD to MKD Historical Review

YEARLY HIGH

81.0824 MKD

YEARLY LOW

70.6601 MKD

YEARLY AVERAGE

76.2656 MKD

2020 JOD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 81.0824. Conversely, the yearly low was recorded on December 30, dropping to 70.6601.

This high-to-low spread represents a total annual volatility of 10.4223 MKD. From a start-to-finish perspective, comparing the January average rate of 78.1223 to the December average rate of 71.4201, the exchange rate registered a net change of -8.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 81.0824 was up 1.86% compared to the 2019 peak of 79.5985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 405,412 MKD

2019 Average 387,603 MKD

Yearly Trough Low 353,300 MKD

Transaction Impact: A difference of 52,111.64 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

80.8865

70.5596

JanuMarcMayJulySeptNove

JOD 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 78.8923, compared to 73.6389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2533 points.

H1 Avg (Jan–Jun) 78.8923

H2 Avg (Jul–Dec) 73.6389

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 5.0363 MKD (High: 81.0824 / Low: 76.0461). On the other end, October was the most stable month, with a tight range of 1.0944 MKD (High: 74.3619 / Low: 73.2675).

March Spread (Volatile) ±5.0363

October Spread (Stable) ±1.0944

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 May and June, when the average rate fell by 2.4305 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -2.4305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 78.6161) against the same month in 2019 (average: 76.7543), the exchange rate shifted by +1.8618 (+2.43%).

2020 Avg (March) 78.6161

2019 Avg (March) 76.7543

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.8043	77.3440	78.1223
February	80.5469	78.6301	79.6340
March	81.0824	76.0461	78.6161
April	80.6228	79.1159	80.0259
May	80.5040	78.0946	79.6929
June	78.0676	76.4655	77.2624
July	77.3884	73.3817	75.9134
August	74.0211	72.7892	73.5022
September	74.6862	72.9291	73.7149
October	74.3619	73.2675	73.8625
November	74.6570	72.8432	73.4206
December	72.6186	70.6601	71.4201