2020 MKD to GMD Historical Review

YEARLY HIGH

1.0335 GMD

YEARLY LOW

0.8852 GMD

YEARLY AVERAGE

0.9536 GMD

2020 MKD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.0335. Conversely, the yearly low was recorded on March 22, dropping to 0.8852.

This high-to-low spread represents a total annual volatility of 0.1482 GMD. From a start-to-finish perspective, comparing the January average rate of 0.9241 to the December average rate of 1.0223, the exchange rate registered a net change of 10.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0335 was up 10.58% compared to the 2019 peak of 0.9346, 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 5,167 GMD

2019 Average 4,557 GMD

Yearly Trough Low 4,426 GMD

Transaction Impact: A difference of 741.19 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0346

0.8865

JanuMarcMayJulySeptNove

MKD to GMD 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 0.9152, compared to 0.9920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0767 points.

H1 Avg (Jan–Jun) 0.9152

H2 Avg (Jul–Dec) 0.9920

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0596 GMD (High: 0.9448 / Low: 0.8852). On the other end, October was the most stable month, with a tight range of 0.0147 GMD (High: 0.9962 / Low: 0.9816).

March Spread (Volatile) ±0.0596

October Spread (Stable) ±0.0147

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 0.0201 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.0223) against the same month in 2019 (average: 0.9274), the exchange rate shifted by +0.0949 (+10.23%).

2020 Avg (December) 1.0223

2019 Avg (December) 0.9274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9346	0.9146	0.9241
February	0.9167	0.8908	0.9039
March	0.9448	0.8852	0.9139
April	0.9096	0.8906	0.8988
May	0.9303	0.8956	0.9089
June	0.9499	0.9304	0.9419
July	0.9956	0.9403	0.9618
August	1.0037	0.9870	0.9943
September	1.0018	0.9767	0.9905
October	0.9962	0.9816	0.9883
November	1.0030	0.9779	0.9946
December	1.0335	1.0051	1.0223