2020 MKD to GBP Historical Review

YEARLY HIGH

0.0154 GBP

YEARLY LOW

0.0135 GBP

YEARLY AVERAGE

0.0144 GBP

2020 MKD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0154. Conversely, the yearly low was recorded on February 18, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.0019 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0147, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0154 was up 1.38% compared to the 2019 peak of 0.0152, 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 GBP

2019 Average 71 GBP

Yearly Trough Low 67 GBP

Transaction Impact: A difference of 9.37 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0149

0.0135

JanuMarcMayJulySeptNove

MKD to GBP 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 0.0142, compared to 0.0147 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0142

H2 Avg (Jul–Dec) 0.0147

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0014 GBP (High: 0.0154 / Low: 0.0139). On the other end, October was the most stable month, with a tight range of 0.0002 GBP (High: 0.0148 / Low: 0.0146).

March Spread (Volatile) ±0.0014

October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and July, 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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0145) against the same month in 2019 (average: 0.0140), the exchange rate shifted by +0.0006 (+4.04%).

2020 Avg (March) 0.0145

2019 Avg (March) 0.0140

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0139	0.0136	0.0138
February	0.0139	0.0135	0.0137
March	0.0154	0.0139	0.0145
April	0.0143	0.0140	0.0142
May	0.0146	0.0141	0.0144
June	0.0148	0.0143	0.0146
July	0.0148	0.0145	0.0147
August	0.0147	0.0144	0.0146
September	0.0150	0.0144	0.0148
October	0.0148	0.0146	0.0147
November	0.0147	0.0144	0.0145
December	0.0149	0.0145	0.0147