2020 MKD to CLP Historical Review

YEARLY HIGH

15.5666 CLP

YEARLY LOW

13.5055 CLP

YEARLY AVERAGE

14.6536 CLP

2020 MKD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 9, valuing the pair at 15.5666. Conversely, the yearly low was recorded on January 1, dropping to 13.5055.

This high-to-low spread represents a total annual volatility of 2.0611 CLP. From a start-to-finish perspective, comparing the January average rate of 13.9688 to the December average rate of 14.4259, the exchange rate registered a net change of 3.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.5666 was up 1.28% compared to the 2019 peak of 15.3699, 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 77,833 CLP

2019 Average 63,998 CLP

Yearly Trough Low 67,528 CLP

Transaction Impact: A difference of 10,305.52 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.1909

13.8577

JanuMarcMayJulySeptNove

MKD to CLP 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 14.5484, compared to 14.7589 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2105 points.

H1 Avg (Jan–Jun) 14.5484

H2 Avg (Jul–Dec) 14.7589

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 1.1013 CLP (High: 15.5649 / Low: 14.4636). On the other end, July was the most stable month, with a tight range of 0.3399 CLP (High: 14.7648 / Low: 14.4249).

August Spread (Volatile) ±1.1013

July Spread (Stable) ±0.3399

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.5242 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 15.0798) against the same month in 2019 (average: 12.3232), the exchange rate shifted by +2.7566 (+22.37%).

2020 Avg (March) 15.0798

2019 Avg (March) 12.3232

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.3574	13.5055	13.9688
February	14.5729	13.8659	14.1386
March	15.5666	14.5729	15.0798
April	15.3703	14.7198	15.0358
May	14.8330	14.2349	14.5116
June	15.0207	13.9255	14.5557
July	14.7648	14.4249	14.5633
August	15.5649	14.4636	15.0720
September	14.9508	14.5800	14.8013
October	15.2817	14.6673	15.0380
November	14.9351	14.3481	14.6528
December	14.8625	14.0959	14.4259