2020 KPW to MKD Historical Review

YEARLY HIGH

0.0639 MKD

YEARLY LOW

0.0557 MKD

YEARLY AVERAGE

0.0601 MKD

2020 KPW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KPW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0639. Conversely, the yearly low was recorded on December 30, dropping to 0.0557.

This high-to-low spread represents a total annual volatility of 0.0082 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0615 to the December average rate of 0.0563, the exchange rate registered a net change of -8.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0639 was up 1.86% compared to the 2019 peak of 0.0627, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 319 MKD

2019 Average 305 MKD

Yearly Trough Low 278 MKD

Transaction Impact: A difference of 41.05 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0637

0.0556

JanuMarcMayJulySeptNove

KPW 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 0.0621, compared to 0.0580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0621

H2 Avg (Jul–Dec) 0.0580

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0040 MKD (High: 0.0639 / Low: 0.0599). On the other end, October was the most stable month, with a tight range of 0.0009 MKD (High: 0.0586 / Low: 0.0577).

March Spread (Volatile) ±0.0040

October Spread (Stable) ±0.0009

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 0.0019 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0619) against the same month in 2019 (average: 0.0605), the exchange rate shifted by +0.0015 (+2.42%).

2020 Avg (March) 0.0619

2019 Avg (March) 0.0605

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0621	0.0609	0.0615
February	0.0635	0.0619	0.0627
March	0.0639	0.0599	0.0619
April	0.0635	0.0623	0.0630
May	0.0634	0.0615	0.0628
June	0.0615	0.0602	0.0609
July	0.0610	0.0578	0.0598
August	0.0583	0.0573	0.0579
September	0.0588	0.0575	0.0581
October	0.0586	0.0577	0.0582
November	0.0588	0.0574	0.0578
December	0.0572	0.0557	0.0563