YEARLY HIGH
12.1846 CRC
YEARLY LOW
9.7796 CRC
YEARLY AVERAGE
10.8344 CRC

2020 MKD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 12.1846. Conversely, the yearly low was recorded on March 23, dropping to 9.7796.

This high-to-low spread represents a total annual volatility of 2.4049 CRC. From a start-to-finish perspective, comparing the January average rate of 10.2617 to the December average rate of 11.9563, the exchange rate registered a net change of 16.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.1846 was up 7.13% compared to the 2019 peak of 11.3740, 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 60,923 CRC
2019 Average 53,415 CRC
Yearly Trough Low 48,898 CRC
Transaction Impact: A difference of 12,024.59 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.1470
9.8584
JanuMarcMayJulySeptNove

MKD to CRC 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 10.2027, compared to 11.4661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2634 points.

H1 Avg (Jan–Jun) 10.2027
H2 Avg (Jul–Dec) 11.4661

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.7829 CRC (High: 10.5625 / Low: 9.7796). On the other end, October was the most stable month, with a tight range of 0.1444 CRC (High: 11.6052 / Low: 11.4608).

March Spread (Volatile) ±0.7829
October Spread (Stable) ±0.1444

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1860 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.1860

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 11.9563) against the same month in 2019 (average: 10.2430), the exchange rate shifted by +1.7133 (+16.73%).

2020 Avg (December) 11.9563
2019 Avg (December) 10.2430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4663 10.1220 10.2617
February 10.2094 9.9207 10.0824
March 10.5625 9.7796 10.2351
April 10.2884 9.8942 10.0491
May 10.2811 9.9564 10.0661
June 10.6946 10.2859 10.5217
July 11.2236 10.5942 10.8179
August 11.5229 11.1589 11.3709
September 11.5029 11.2893 11.4328
October 11.6052 11.4608 11.5233
November 11.7904 11.4855 11.6953
December 12.1846 11.7309 11.9563