2020 MKD to IDR Historical Review

YEARLY HIGH

295.7530 IDR

YEARLY LOW

236.8196 IDR

YEARLY AVERAGE

269.2490 IDR

2020 MKD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 295.7530. Conversely, the yearly low was recorded on January 27, dropping to 236.8196.

This high-to-low spread represents a total annual volatility of 58.9334 IDR. From a start-to-finish perspective, comparing the January average rate of 247.7289 to the December average rate of 278.7867, the exchange rate registered a net change of 12.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 295.7530 was up 10.57% compared to the 2019 peak of 267.4857, 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 1,478,765 IDR

2019 Average 1,286,146 IDR

Yearly Trough Low 1,184,098 IDR

Transaction Impact: A difference of 294,667.16 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

287.7523

239.5361

JanuMarcMayJulySeptNove

MKD to IDR 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 260.5077, compared to 277.9904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.4827 points.

H1 Avg (Jan–Jun) 260.5077

H2 Avg (Jul–Dec) 277.9904

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 47.2485 IDR (High: 295.7530 / Low: 248.5045). On the other end, October was the most stable month, with a tight range of 6.0413 IDR (High: 282.7813 / Low: 276.7400).

March Spread (Volatile) ±47.2485

October Spread (Stable) ±6.0413

Growth Streaks & Declines

Trends

Between June and September, 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 April and May, when the average rate fell by 14.9112 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -14.9112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 272.1174) against the same month in 2019 (average: 261.2645), the exchange rate shifted by +10.8529 (+4.15%).

2020 Avg (March) 272.1174

2019 Avg (March) 261.2645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	253.3628	236.8196	247.7289
February	249.4396	239.4610	243.5541
March	295.7530	248.5045	272.1174
April	292.8501	267.0350	277.6552
May	270.3787	258.7354	262.7441
June	266.2861	254.5195	259.2464
July	282.5432	260.3031	269.9444
August	286.4083	277.8859	281.8718
September	288.9991	280.4525	283.7343
October	282.7813	276.7400	280.7715
November	277.3062	269.5878	272.8339
December	280.7421	274.2722	278.7867