2020 LRD to MKD Historical Review

YEARLY HIGH

0.3331 MKD

YEARLY LOW

0.2589 MKD

YEARLY AVERAGE

0.2831 MKD

2020 LRD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LRD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 0.3331. Conversely, the yearly low was recorded on August 31, dropping to 0.2589.

This high-to-low spread represents a total annual volatility of 0.0741 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2893 to the December average rate of 0.3140, the exchange rate registered a net change of 8.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3331 was down 3.11% compared to the 2019 peak of 0.3438, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,665 MKD

2019 Average 1,489 MKD

Yearly Trough Low 1,295 MKD

Transaction Impact: A difference of 370.66 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3198

0.2562

JanuMarcMayJulySeptNove

LRD 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 0.2841, compared to 0.2821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.2841

H2 Avg (Jul–Dec) 0.2821

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0447 MKD (High: 0.3331 / Low: 0.2884). On the other end, August was the most stable month, with a tight range of 0.0043 MKD (High: 0.2633 / Low: 0.2589).

November Spread (Volatile) ±0.0447

August Spread (Stable) ±0.0043

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 May and June, when the average rate fell by 0.0096 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.3145) against the same month in 2019 (average: 0.2775), the exchange rate shifted by +0.0370 (+13.33%).

2020 Avg (November) 0.3145

2019 Avg (November) 0.2775

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2935	0.2858	0.2893
February	0.2901	0.2832	0.2872
March	0.2916	0.2723	0.2819
April	0.2887	0.2831	0.2864
May	0.2876	0.2788	0.2847
June	0.2786	0.2726	0.2752
July	0.2752	0.2611	0.2701
August	0.2633	0.2589	0.2615
September	0.2661	0.2594	0.2625
October	0.2881	0.2631	0.2698
November	0.3331	0.2884	0.3145
December	0.3264	0.3056	0.3140