2020 MKD to BOB Historical Review

YEARLY HIGH

0.1372 BOB

YEARLY LOW

0.1190 BOB

YEARLY AVERAGE

0.1278 BOB

2020 MKD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1372. Conversely, the yearly low was recorded on March 23, dropping to 0.1190.

This high-to-low spread represents a total annual volatility of 0.0183 BOB. From a start-to-finish perspective, comparing the January average rate of 0.1249 to the December average rate of 0.1362, the exchange rate registered a net change of 9.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1372 was up 6.35% compared to the 2019 peak of 0.1290, 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 686 BOB

2019 Average 629 BOB

Yearly Trough Low 595 BOB

Transaction Impact: A difference of 91.29 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1376

0.1201

JanuMarcMayJulySeptNove

MKD to BOB 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 0.1234, compared to 0.1322 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.1234

H2 Avg (Jul–Dec) 0.1322

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0090 BOB (High: 0.1280 / Low: 0.1190). On the other end, August was the most stable month, with a tight range of 0.0019 BOB (High: 0.1335 / Low: 0.1316).

March Spread (Volatile) ±0.0090

August Spread (Stable) ±0.0019

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 0.0024 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1362) against the same month in 2019 (average: 0.1249), the exchange rate shifted by +0.0113 (+9.03%).

2020 Avg (December) 0.1362

2019 Avg (December) 0.1249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1266	0.1238	0.1249
February	0.1240	0.1211	0.1225
March	0.1280	0.1190	0.1236
April	0.1229	0.1206	0.1215
May	0.1246	0.1208	0.1221
June	0.1273	0.1247	0.1261
July	0.1329	0.1260	0.1284
August	0.1335	0.1316	0.1325
September	0.1335	0.1302	0.1321
October	0.1330	0.1309	0.1319
November	0.1336	0.1307	0.1325
December	0.1372	0.1341	0.1362