2020 MKD to CZK Historical Review

YEARLY HIGH

0.4590 CZK

YEARLY LOW

0.4031 CZK

YEARLY AVERAGE

0.4293 CZK

2020 MKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.4590. Conversely, the yearly low was recorded on February 12, dropping to 0.4031.

This high-to-low spread represents a total annual volatility of 0.0559 CZK. From a start-to-finish perspective, comparing the January average rate of 0.4101 to the December average rate of 0.4266, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4590 was up 8.09% compared to the 2019 peak of 0.4247, 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 2,295 CZK

2019 Average 2,086 CZK

Yearly Trough Low 2,015 CZK

Transaction Impact: A difference of 279.64 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4460

0.4034

JanuMarcMayJulySeptNove

MKD to CZK 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 0.4276, compared to 0.4310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.4276

H2 Avg (Jul–Dec) 0.4310

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0487 CZK (High: 0.4590 / Low: 0.4103). On the other end, January was the most stable month, with a tight range of 0.0059 CZK (High: 0.4132 / Low: 0.4073).

March Spread (Volatile) ±0.0487

January Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between February and May, 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 0.0123 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.4312) against the same month in 2019 (average: 0.4177), the exchange rate shifted by +0.0134 (+3.22%).

2020 Avg (March) 0.4312

2019 Avg (March) 0.4177

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4132	0.4073	0.4101
February	0.4113	0.4031	0.4069
March	0.4590	0.4103	0.4312
April	0.4533	0.4355	0.4423
May	0.4503	0.4368	0.4424
June	0.4361	0.4273	0.4326
July	0.4337	0.4212	0.4301
August	0.4284	0.4207	0.4245
September	0.4412	0.4259	0.4342
October	0.4471	0.4360	0.4415
November	0.4437	0.4235	0.4292
December	0.4314	0.4228	0.4266