2020 MKD to ALL Historical Review

YEARLY HIGH

2.2419 ALL

YEARLY LOW

1.6177 ALL

YEARLY AVERAGE

2.0081 ALL

2020 MKD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 2.2419. Conversely, the yearly low was recorded on July 19, dropping to 1.6177.

This high-to-low spread represents a total annual volatility of 0.6242 ALL. From a start-to-finish perspective, comparing the January average rate of 1.9846 to the December average rate of 2.0045, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.2419 was up 9.54% compared to the 2019 peak of 2.0466, 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 11,210 ALL

2019 Average 9,997 ALL

Yearly Trough Low 8,089 ALL

Transaction Impact: A difference of 3,120.88 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0397

1.9776

JanuMarcMayJulySeptNove

MKD to ALL 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 2.0077, compared to 2.0085 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 2.0077

H2 Avg (Jul–Dec) 2.0085

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.4062 ALL (High: 2.0239 / Low: 1.6177). On the other end, November was the most stable month, with a tight range of 0.0142 ALL (High: 2.0155 / Low: 2.0013).

July Spread (Volatile) ±0.4062

November Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0184 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0184

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 2.0161) against the same month in 2019 (average: 1.9970), the exchange rate shifted by +0.0191 (+0.96%).

2020 Avg (May) 2.0161

2019 Avg (May) 1.9970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9947	1.9720	1.9846
February	1.9920	1.9720	1.9828
March	2.1183	1.9803	2.0125
April	2.0850	1.9850	2.0345
May	2.2419	1.9788	2.0161
June	2.0282	1.9863	2.0158
July	2.0239	1.6177	2.0014
August	2.0254	1.9923	2.0116
September	2.0231	2.0019	2.0130
October	2.0281	2.0053	2.0126
November	2.0155	2.0013	2.0081
December	2.0156	1.9916	2.0045