2020 KZT to MKD Historical Review

YEARLY HIGH

0.1518 MKD

YEARLY LOW

0.1188 MKD

YEARLY AVERAGE

0.1310 MKD

2020 KZT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KZT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.1518. Conversely, the yearly low was recorded on December 30, dropping to 0.1188.

This high-to-low spread represents a total annual volatility of 0.0330 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1460 to the December average rate of 0.1203, the exchange rate registered a net change of -17.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1518 was up 3.95% compared to the 2019 peak of 0.1461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 759 MKD

2019 Average 717 MKD

Yearly Trough Low 594 MKD

Transaction Impact: A difference of 165.05 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1523

0.1174

JanuMarcMayJulySeptNove

KZT 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 0.1385, compared to 0.1235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0150 points.

H1 Avg (Jan–Jun) 0.1385

H2 Avg (Jul–Dec) 0.1235

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0241 MKD (High: 0.1483 / Low: 0.1242). On the other end, October was the most stable month, with a tight range of 0.0016 MKD (High: 0.1226 / Low: 0.1210).

March Spread (Volatile) ±0.0241

October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0157 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.1494) against the same month in 2019 (average: 0.1438), the exchange rate shifted by +0.0056 (+3.88%).

2020 Avg (February) 0.1494

2019 Avg (February) 0.1438

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1475	0.1425	0.1460
February	0.1518	0.1464	0.1494
March	0.1483	0.1242	0.1337
April	0.1333	0.1252	0.1310
May	0.1364	0.1322	0.1349
June	0.1378	0.1345	0.1361
July	0.1348	0.1233	0.1304
August	0.1253	0.1229	0.1241
September	0.1241	0.1214	0.1230
October	0.1226	0.1210	0.1219
November	0.1222	0.1202	0.1214
December	0.1214	0.1188	0.1203