2020 KRW to MKD Historical Review

YEARLY HIGH

0.0481 MKD

YEARLY LOW

0.0434 MKD

YEARLY AVERAGE

0.0459 MKD

2020 KRW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.0481. Conversely, the yearly low was recorded on August 31, dropping to 0.0434.

This high-to-low spread represents a total annual volatility of 0.0046 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0475 to the December average rate of 0.0463, the exchange rate registered a net change of -2.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0481 was down 1.41% compared to the 2019 peak of 0.0488, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 240,361 MKD

2019 Average 235,937 MKD

Yearly Trough Low 217,202 MKD

Transaction Impact: A difference of 23,159.22 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0479

0.0435

JanuMarcMayJulySeptNove

KRW 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 0.0464, compared to 0.0453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0464

H2 Avg (Jul–Dec) 0.0453

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0022 MKD (High: 0.0457 / Low: 0.0436). On the other end, June was the most stable month, with a tight range of 0.0007 MKD (High: 0.0458 / Low: 0.0451).

July Spread (Volatile) ±0.0022

June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0473) against the same month in 2019 (average: 0.0483), the exchange rate shifted by -0.0011 (-2.24%).

2020 Avg (February) 0.0473

2019 Avg (February) 0.0483

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0479	0.0466	0.0475
February	0.0481	0.0464	0.0473
March	0.0468	0.0446	0.0458
April	0.0469	0.0456	0.0464
May	0.0466	0.0450	0.0460
June	0.0458	0.0451	0.0454
July	0.0457	0.0436	0.0449
August	0.0442	0.0434	0.0439
September	0.0453	0.0436	0.0444
October	0.0464	0.0451	0.0458
November	0.0471	0.0463	0.0467
December	0.0470	0.0456	0.0463