2020 LBP to MKD Historical Review

YEARLY HIGH

0.0644 MKD

YEARLY LOW

0.0328 MKD

YEARLY AVERAGE

0.0359 MKD

2020 LBP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LBP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.0644. Conversely, the yearly low was recorded on June 21, dropping to 0.0328.

This high-to-low spread represents a total annual volatility of 0.0317 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0366 to the December average rate of 0.0334, the exchange rate registered a net change of -8.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0644 was up 72.47% compared to the 2019 peak of 0.0374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 322 MKD

2019 Average 182 MKD

Yearly Trough Low 164 MKD

Transaction Impact: A difference of 158.34 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0380

0.0330

JanuMarcMayJulySeptNove

LBP 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 0.0371, compared to 0.0346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0371

H2 Avg (Jul–Dec) 0.0346

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0301 MKD (High: 0.0644 / Low: 0.0344). On the other end, August was the most stable month, with a tight range of 0.0005 MKD (High: 0.0347 / Low: 0.0342).

July Spread (Volatile) ±0.0301

August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0020 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 0.0365) against the same month in 2019 (average: 0.0362), the exchange rate shifted by +0.0003 (+0.78%).

2020 Avg (July) 0.0365

2019 Avg (July) 0.0362

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0370	0.0359	0.0366
February	0.0378	0.0368	0.0373
March	0.0610	0.0359	0.0376
April	0.0378	0.0370	0.0375
May	0.0378	0.0366	0.0374
June	0.0366	0.0328	0.0361
July	0.0644	0.0344	0.0365
August	0.0347	0.0342	0.0344
September	0.0350	0.0342	0.0345
October	0.0349	0.0343	0.0346
November	0.0350	0.0341	0.0344
December	0.0340	0.0331	0.0334