YEARLY HIGH
0.1556 GTQ
YEARLY LOW
0.1325 GTQ
YEARLY AVERAGE
0.1431 GTQ

2020 MKD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1556. Conversely, the yearly low was recorded on March 22, dropping to 0.1325.

This high-to-low spread represents a total annual volatility of 0.0231 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1390 to the December average rate of 0.1542, the exchange rate registered a net change of 10.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1556 was up 7.43% compared to the 2019 peak of 0.1448, 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 778 GTQ
2019 Average 700 GTQ
Yearly Trough Low 662 GTQ
Transaction Impact: A difference of 115.68 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1560
0.1335
JanuMarcMayJulySeptNove

MKD to GTQ 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 0.1375, compared to 0.1486 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.1375
H2 Avg (Jul–Dec) 0.1486

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0099 GTQ (High: 0.1424 / Low: 0.1325). On the other end, October was the most stable month, with a tight range of 0.0020 GTQ (High: 0.1498 / Low: 0.1478).

March Spread (Volatile) ±0.0099
October Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0036 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1542) against the same month in 2019 (average: 0.1389), the exchange rate shifted by +0.0152 (+10.97%).

2020 Avg (December) 0.1542
2019 Avg (December) 0.1389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1412 0.1372 0.1390
February 0.1375 0.1338 0.1354
March 0.1424 0.1325 0.1380
April 0.1374 0.1349 0.1359
May 0.1388 0.1350 0.1362
June 0.1418 0.1389 0.1405
July 0.1482 0.1403 0.1431
August 0.1495 0.1467 0.1478
September 0.1496 0.1467 0.1484
October 0.1498 0.1478 0.1486
November 0.1514 0.1473 0.1497
December 0.1556 0.1518 0.1542