YEARLY HIGH
1.1599 DOP
YEARLY LOW
0.9353 DOP
YEARLY AVERAGE
1.0480 DOP

2020 MKD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.1599. Conversely, the yearly low was recorded on March 22, dropping to 0.9353.

This high-to-low spread represents a total annual volatility of 0.2246 DOP. From a start-to-finish perspective, comparing the January average rate of 0.9602 to the December average rate of 1.1489, the exchange rate registered a net change of 19.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1599 was up 19.99% compared to the 2019 peak of 0.9667, 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 5,800 DOP
2019 Average 4,671 DOP
Yearly Trough Low 4,677 DOP
Transaction Impact: A difference of 1,122.92 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1691
0.9257
JanuMarcMayJulySeptNove

MKD to DOP 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 0.9777, compared to 1.1183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1406 points.

H1 Avg (Jan–Jun) 0.9777
H2 Avg (Jul–Dec) 1.1183

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1346 DOP (High: 1.0700 / Low: 0.9353). On the other end, January was the most stable month, with a tight range of 0.0117 DOP (High: 0.9656 / Low: 0.9539).

March Spread (Volatile) ±0.1346
January Spread (Stable) ±0.0117

Growth Streaks & Declines

Trends

Between April and August, 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 January and February, when the average rate fell by 0.0142 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.1489) against the same month in 2019 (average: 0.9581), the exchange rate shifted by +0.1907 (+19.90%).

2020 Avg (December) 1.1489
2019 Avg (December) 0.9581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9656 0.9539 0.9602
February 0.9591 0.9363 0.9460
March 1.0700 0.9353 0.9682
April 0.9662 0.9426 0.9553
May 1.0211 0.9577 0.9781
June 1.0696 1.0163 1.0585
July 1.1259 1.0637 1.0855
August 1.1305 1.1154 1.1220
September 1.1292 1.1032 1.1183
October 1.1239 1.1090 1.1157
November 1.1273 1.0873 1.1193
December 1.1599 1.1322 1.1489