2020 MKD to AED Historical Review

YEARLY HIGH

0.0733 AED

YEARLY LOW

0.0639 AED

YEARLY AVERAGE

0.0680 AED

2020 MKD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0733. Conversely, the yearly low was recorded on March 22, dropping to 0.0639.

This high-to-low spread represents a total annual volatility of 0.0094 AED. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0725, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0733 was up 6.93% compared to the 2019 peak of 0.0686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 367 AED

2019 Average 334 AED

Yearly Trough Low 319 AED

Transaction Impact: A difference of 47.14 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0733

0.0640

JanuMarcMayJulySeptNove

MKD to AED 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 0.0657, compared to 0.0704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0657

H2 Avg (Jul–Dec) 0.0704

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0042 AED (High: 0.0681 / Low: 0.0639). On the other end, October was the most stable month, with a tight range of 0.0010 AED (High: 0.0707 / Low: 0.0697).

March Spread (Volatile) ±0.0042

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0725) against the same month in 2019 (average: 0.0664), the exchange rate shifted by +0.0062 (+9.32%).

2020 Avg (December) 0.0725

2019 Avg (December) 0.0664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0670	0.0657	0.0663
February	0.0659	0.0643	0.0651
March	0.0681	0.0639	0.0659
April	0.0655	0.0642	0.0647
May	0.0663	0.0644	0.0650
June	0.0678	0.0664	0.0671
July	0.0706	0.0669	0.0683
August	0.0712	0.0700	0.0705
September	0.0710	0.0694	0.0703
October	0.0707	0.0697	0.0701
November	0.0711	0.0694	0.0706
December	0.0733	0.0713	0.0725