2020 MKD to BRL Historical Review

YEARLY HIGH

0.1103 BRL

YEARLY LOW

0.0732 BRL

YEARLY AVERAGE

0.0956 BRL

2020 MKD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.1103. Conversely, the yearly low was recorded on January 2, dropping to 0.0732.

This high-to-low spread represents a total annual volatility of 0.0371 BRL. From a start-to-finish perspective, comparing the January average rate of 0.0748 to the December average rate of 0.1016, the exchange rate registered a net change of 35.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1103 was up 44.61% compared to the 2019 peak of 0.0763, 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 551 BRL

2019 Average 359 BRL

Yearly Trough Low 366 BRL

Transaction Impact: A difference of 185.62 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1108

0.0715

JanuMarcMayJulySeptNove

MKD to BRL 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 0.0879, compared to 0.1033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.0879

H2 Avg (Jul–Dec) 0.1033

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0133 BRL (High: 0.0931 / Low: 0.0798). On the other end, January was the most stable month, with a tight range of 0.0037 BRL (High: 0.0768 / Low: 0.0732).

March Spread (Volatile) ±0.0133

January Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0045 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.1075) against the same month in 2019 (average: 0.0734), the exchange rate shifted by +0.0342 (+46.56%).

2020 Avg (October) 0.1075

2019 Avg (October) 0.0734

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0768	0.0732	0.0748
February	0.0798	0.0756	0.0770
March	0.0931	0.0798	0.0877
April	0.0994	0.0900	0.0937
May	0.1035	0.0942	0.0993
June	0.0999	0.0883	0.0948
July	0.1004	0.0962	0.0983
August	0.1077	0.1004	0.1045
September	0.1073	0.1004	0.1033
October	0.1103	0.1058	0.1075
November	0.1095	0.1022	0.1043
December	0.1039	0.0990	0.1016