2020 MKD to IRR Historical Review

YEARLY HIGH

1211.3474 IRR

YEARLY LOW

732.3652 IRR

YEARLY AVERAGE

781.1036 IRR

2020 MKD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 1211.3474. Conversely, the yearly low was recorded on March 22, dropping to 732.3652.

This high-to-low spread represents a total annual volatility of 478.9821 IRR. From a start-to-finish perspective, comparing the January average rate of 760.2311 to the December average rate of 831.6310, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1211.3474 was up 51.15% compared to the 2019 peak of 801.4374, 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 6,056,737 IRR

2019 Average 3,835,409 IRR

Yearly Trough Low 3,661,826 IRR

Transaction Impact: A difference of 2,394,910.57 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

840.5872

733.1124

JanuMarcMayJulySeptNove

MKD to IRR 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 753.0321, compared to 809.1751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 56.1430 points.

H1 Avg (Jan–Jun) 753.0321

H2 Avg (Jul–Dec) 809.1751

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 443.9655 IRR (High: 1211.3474 / Low: 767.3818). On the other end, October was the most stable month, with a tight range of 11.9288 IRR (High: 810.5426 / Low: 798.6138).

July Spread (Volatile) ±443.9655

October Spread (Stable) ±11.9288

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 14.3292 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -14.3292

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 796.8121) against the same month in 2019 (average: 769.8439), the exchange rate shifted by +26.9682 (+3.50%).

2020 Avg (July) 796.8121

2019 Avg (July) 769.8439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	767.8223	753.5945	760.2311
February	756.0082	737.2904	745.9019
March	780.9274	732.3652	755.8713
April	750.6260	736.3882	742.0686
May	760.4423	737.6832	745.4012
June	776.6435	760.7054	768.7183
July	1211.3474	767.3818	796.8121
August	815.8694	802.2911	807.9541
September	814.3045	795.1467	805.6616
October	810.5426	798.6138	804.0281
November	815.2646	795.4576	808.9637
December	840.4531	817.7862	831.6310