2020 MKD to BAM Historical Review

YEARLY HIGH

0.0320 BAM

YEARLY LOW

0.0314 BAM

YEARLY AVERAGE

0.0317 BAM

2020 MKD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0320. Conversely, the yearly low was recorded on March 28, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0006 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0318 to the December average rate of 0.0317, the exchange rate registered a net change of -0.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0320 was down 0.28% compared to the 2019 peak of 0.0321, 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 160 BAM

2019 Average 159 BAM

Yearly Trough Low 157 BAM

Transaction Impact: A difference of 3.12 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0318

0.0317

JanuMarcMayJulySeptNove

MKD to BAM 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 0.0318, compared to 0.0317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0318

H2 Avg (Jul–Dec) 0.0317

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0006 BAM (High: 0.0320 / Low: 0.0314). On the other end, January was the most stable month, with a tight range of 0.0003 BAM (High: 0.0319 / Low: 0.0317).

March Spread (Volatile) ±0.0006

January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between March and May, 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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0317) against the same month in 2019 (average: 0.0318), the exchange rate shifted by -0.0000 (-0.15%).

2020 Avg (March) 0.0317

2019 Avg (March) 0.0318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0319	0.0317	0.0318
February	0.0319	0.0316	0.0318
March	0.0320	0.0314	0.0317
April	0.0319	0.0315	0.0317
May	0.0319	0.0316	0.0318
June	0.0319	0.0315	0.0317
July	0.0320	0.0316	0.0318
August	0.0319	0.0315	0.0317
September	0.0319	0.0315	0.0317
October	0.0320	0.0316	0.0317
November	0.0319	0.0316	0.0318
December	0.0319	0.0315	0.0317