2020 MKD to AWG Historical Review

YEARLY HIGH

0.0359 AWG

YEARLY LOW

0.0313 AWG

YEARLY AVERAGE

0.0333 AWG

2020 MKD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0359. Conversely, the yearly low was recorded on March 22, dropping to 0.0313.

This high-to-low spread represents a total annual volatility of 0.0046 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0325 to the December average rate of 0.0356, 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 0.0359 was up 5.82% compared to the 2019 peak of 0.0340, 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 180 AWG

2019 Average 164 AWG

Yearly Trough Low 157 AWG

Transaction Impact: A difference of 23.09 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0359

0.0313

JanuMarcMayJulySeptNove

MKD to AWG 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 0.0322, compared to 0.0345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0322

H2 Avg (Jul–Dec) 0.0345

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0021 AWG (High: 0.0334 / Low: 0.0313). On the other end, October was the most stable month, with a tight range of 0.0005 AWG (High: 0.0347 / Low: 0.0341).

March Spread (Volatile) ±0.0021

October Spread (Stable) ±0.0005

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 0.0006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0356) against the same month in 2019 (average: 0.0325), the exchange rate shifted by +0.0030 (+9.32%).

2020 Avg (December) 0.0356

2019 Avg (December) 0.0325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0328	0.0322	0.0325
February	0.0323	0.0315	0.0319
March	0.0334	0.0313	0.0323
April	0.0321	0.0315	0.0317
May	0.0325	0.0315	0.0319
June	0.0332	0.0325	0.0329
July	0.0346	0.0328	0.0335
August	0.0349	0.0343	0.0345
September	0.0348	0.0340	0.0344
October	0.0347	0.0341	0.0344
November	0.0349	0.0340	0.0346
December	0.0359	0.0350	0.0356