YEARLY HIGH
0.3143 MKD
YEARLY LOW
0.2657 MKD
YEARLY AVERAGE
0.2917 MKD

2020 LKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.3143. Conversely, the yearly low was recorded on December 23, dropping to 0.2657.

This high-to-low spread represents a total annual volatility of 0.0487 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3053 to the December average rate of 0.2705, the exchange rate registered a net change of -11.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3143 was down 0.29% compared to the 2019 peak of 0.3152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,572 MKD
2019 Average 1,538 MKD
Yearly Trough Low 1,328 MKD
Transaction Impact: A difference of 243.39 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3149
0.2665
JanuMarcMayJulySeptNove

LKR 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 0.3016, compared to 0.2817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0200 points.

H1 Avg (Jan–Jun) 0.3016
H2 Avg (Jul–Dec) 0.2817

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0150 MKD (High: 0.2952 / Low: 0.2802). On the other end, October was the most stable month, with a tight range of 0.0041 MKD (High: 0.2861 / Low: 0.2820).

July Spread (Volatile) ±0.0150
October Spread (Stable) ±0.0041

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 November and December, when the average rate fell by 0.0110 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.3109) against the same month in 2019 (average: 0.3040), the exchange rate shifted by +0.0069 (+2.28%).

2020 Avg (February) 0.3109
2019 Avg (February) 0.3040

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3078 0.3008 0.3053
February 0.3143 0.3072 0.3109
March 0.3092 0.2957 0.3016
April 0.3001 0.2927 0.2961
May 0.3050 0.2974 0.3014
June 0.2976 0.2921 0.2946
July 0.2952 0.2802 0.2897
August 0.2858 0.2778 0.2817
September 0.2859 0.2782 0.2825
October 0.2861 0.2820 0.2840
November 0.2868 0.2779 0.2816
December 0.2767 0.2657 0.2705