2020 MKD to BWP Historical Review

YEARLY HIGH

0.2267 BWP

YEARLY LOW

0.1922 BWP

YEARLY AVERAGE

0.2119 BWP

2020 MKD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.2267. Conversely, the yearly low was recorded on January 26, dropping to 0.1922.

This high-to-low spread represents a total annual volatility of 0.0345 BWP. From a start-to-finish perspective, comparing the January average rate of 0.1936 to the December average rate of 0.2152, the exchange rate registered a net change of 11.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2267 was up 12.41% compared to the 2019 peak of 0.2017, 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 1,133 BWP

2019 Average 979 BWP

Yearly Trough Low 961 BWP

Transaction Impact: A difference of 172.58 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2263

0.1907

JanuMarcMayJulySeptNove

MKD to BWP 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 0.2059, compared to 0.2178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.2059

H2 Avg (Jul–Dec) 0.2178

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0168 BWP (High: 0.2134 / Low: 0.1966). On the other end, January was the most stable month, with a tight range of 0.0037 BWP (High: 0.1958 / Low: 0.1922).

March Spread (Volatile) ±0.0168

January Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.2233) against the same month in 2019 (average: 0.1989), the exchange rate shifted by +0.0244 (+12.25%).

2020 Avg (August) 0.2233

2019 Avg (August) 0.1989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1958	0.1922	0.1936
February	0.1978	0.1927	0.1947
March	0.2134	0.1966	0.2056
April	0.2174	0.2104	0.2144
May	0.2158	0.2106	0.2134
June	0.2156	0.2107	0.2137
July	0.2218	0.2126	0.2153
August	0.2267	0.2200	0.2233
September	0.2220	0.2173	0.2202
October	0.2205	0.2162	0.2187
November	0.2165	0.2124	0.2143
December	0.2179	0.2131	0.2152