2020 MKD to HTG Historical Review

YEARLY HIGH

2.1740 HTG

YEARLY LOW

1.1928 HTG

YEARLY AVERAGE

1.7367 HTG

2020 MKD to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 2.1740. Conversely, the yearly low was recorded on October 15, dropping to 1.1928.

This high-to-low spread represents a total annual volatility of 0.9812 HTG. From a start-to-finish perspective, comparing the January average rate of 1.7735 to the December average rate of 1.3815, the exchange rate registered a net change of -22.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1740 was up 23.10% compared to the 2019 peak of 1.7660, 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 10,870 HTG

2019 Average 8,212 HTG

Yearly Trough Low 5,964 HTG

Transaction Impact: A difference of 4,905.83 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.2415

1.1184

JanuMarcMayJulySeptNove

MKD to HTG 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 1.7916, compared to 1.6819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1097 points.

H1 Avg (Jan–Jun) 1.7916

H2 Avg (Jul–Dec) 1.6819

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.2151 HTG (High: 1.7895 / Low: 1.5744). On the other end, August was the most stable month, with a tight range of 0.0579 HTG (High: 2.1721 / Low: 2.1142).

February Spread (Volatile) ±0.2151

August Spread (Stable) ±0.0579

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.8560 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.8560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 2.0681) against the same month in 2019 (average: 1.7108), the exchange rate shifted by +0.3573 (+20.89%).

2020 Avg (September) 2.0681

2019 Avg (September) 1.7108

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.7948	1.7253	1.7735
February	1.7895	1.5744	1.7309
March	1.7466	1.5744	1.6910
April	1.7269	1.6689	1.6992
May	1.9245	1.8442	1.8819
June	2.0060	1.9375	1.9732
July	2.1345	1.9941	2.0486
August	2.1721	2.1142	2.1479
September	2.1740	1.9937	2.0681
October	1.2830	1.1928	1.2120
November	1.2814	1.1949	1.2333
December	1.4507	1.2854	1.3815