YEARLY HIGH
2.6378 DZD
YEARLY LOW
2.1184 DZD
YEARLY AVERAGE
2.3486 DZD

2020 MKD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.6378. Conversely, the yearly low was recorded on February 20, dropping to 2.1184.

This high-to-low spread represents a total annual volatility of 0.5195 DZD. From a start-to-finish perspective, comparing the January average rate of 2.1592 to the December average rate of 2.5945, the exchange rate registered a net change of 20.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6378 was up 19.70% compared to the 2019 peak of 2.2036, 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 13,189 DZD
2019 Average 10,864 DZD
Yearly Trough Low 10,592 DZD
Transaction Impact: A difference of 2,597.33 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6406
2.0879
JanuMarcMayJulySeptNove

MKD to DZD 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 2.2238, compared to 2.4734 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2496 points.

H1 Avg (Jan–Jun) 2.2238
H2 Avg (Jul–Dec) 2.4734

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.1341 DZD (High: 2.6378 / Low: 2.5037). On the other end, January was the most stable month, with a tight range of 0.0256 DZD (High: 2.1716 / Low: 2.1459).

December Spread (Volatile) ±0.1341
January Spread (Stable) ±0.0256

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0252 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.5945) against the same month in 2019 (average: 2.1609), the exchange rate shifted by +0.4336 (+20.06%).

2020 Avg (December) 2.5945
2019 Avg (December) 2.1609

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1716 2.1459 2.1592
February 2.1538 2.1184 2.1340
March 2.2245 2.1372 2.1778
April 2.2632 2.2046 2.2444
May 2.3225 2.2576 2.2768
June 2.3648 2.3193 2.3504
July 2.4593 2.3531 2.3859
August 2.4790 2.4522 2.4619
September 2.4754 2.4460 2.4639
October 2.4756 2.4423 2.4607
November 2.5017 2.4397 2.4733
December 2.6378 2.5037 2.5945