2020 MKD to INR Historical Review

YEARLY HIGH

1.4690 INR

YEARLY LOW

1.2539 INR

YEARLY AVERAGE

1.3729 INR

2020 MKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 1.4690. Conversely, the yearly low was recorded on February 13, dropping to 1.2539.

This high-to-low spread represents a total annual volatility of 0.2151 INR. From a start-to-finish perspective, comparing the January average rate of 1.2868 to the December average rate of 1.4549, the exchange rate registered a net change of 13.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.4690 was up 10.32% compared to the 2019 peak of 1.3316, 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 7,345 INR

2019 Average 6,405 INR

Yearly Trough Low 6,270 INR

Transaction Impact: A difference of 1,075.55 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4735

1.2494

JanuMarcMayJulySeptNove

MKD to INR 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 1.3265, compared to 1.4193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0928 points.

H1 Avg (Jan–Jun) 1.3265

H2 Avg (Jul–Dec) 1.4193

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0946 INR (High: 1.3805 / Low: 1.2860). On the other end, September was the most stable month, with a tight range of 0.0237 INR (High: 1.4156 / Low: 1.3918).

March Spread (Volatile) ±0.0946

September Spread (Stable) ±0.0237

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0242 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.4549) against the same month in 2019 (average: 1.2858), the exchange rate shifted by +0.1690 (+13.14%).

2020 Avg (December) 1.4549

2019 Avg (December) 1.2858

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3073	1.2767	1.2868
February	1.2860	1.2539	1.2680
March	1.3805	1.2860	1.3374
April	1.3593	1.3284	1.3435
May	1.3640	1.3241	1.3400
June	1.3965	1.3608	1.3831
July	1.4402	1.3611	1.3921
August	1.4442	1.4026	1.4311
September	1.4156	1.3918	1.4069
October	1.4194	1.3936	1.4048
November	1.4354	1.4067	1.4260
December	1.4690	1.4269	1.4549