YEARLY HIGH
0.8176 MKD
YEARLY LOW
0.5969 MKD
YEARLY AVERAGE
0.7058 MKD

2020 KGS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KGS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.8176. Conversely, the yearly low was recorded on December 5, dropping to 0.5969.

This high-to-low spread represents a total annual volatility of 0.2207 MKD. From a start-to-finish perspective, comparing the January average rate of 0.7958 to the December average rate of 0.6064, the exchange rate registered a net change of -23.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8176 was up 0.82% compared to the 2019 peak of 0.8110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,088 MKD
2019 Average 3,973 MKD
Yearly Trough Low 2,985 MKD
Transaction Impact: A difference of 1,103.38 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8287
0.5862
JanuMarcMayJulySeptNove

KGS 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 0.7598, compared to 0.6518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1080 points.

H1 Avg (Jan–Jun) 0.7598
H2 Avg (Jul–Dec) 0.6518

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0982 MKD (High: 0.8035 / Low: 0.7053). On the other end, September was the most stable month, with a tight range of 0.0121 MKD (High: 0.6690 / Low: 0.6569).

March Spread (Volatile) ±0.0982
September Spread (Stable) ±0.0121

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0493 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0493

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.8085) against the same month in 2019 (average: 0.7902), the exchange rate shifted by +0.0183 (+2.32%).

2020 Avg (February) 0.8085
2019 Avg (February) 0.7902

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8020 0.7890 0.7958
February 0.8176 0.8001 0.8085
March 0.8035 0.7053 0.7648
April 0.7621 0.6655 0.7155
May 0.7679 0.7135 0.7391
June 0.7523 0.7267 0.7351
July 0.7136 0.6772 0.6955
August 0.6830 0.6608 0.6730
September 0.6690 0.6569 0.6629
October 0.6633 0.6433 0.6528
November 0.6471 0.6090 0.6200
December 0.6263 0.5969 0.6064