2020 MKD to JMD Historical Review

YEARLY HIGH

2.8961 JMD

YEARLY LOW

2.3448 JMD

YEARLY AVERAGE

2.6313 JMD

2020 MKD to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 18, valuing the pair at 2.8961. Conversely, the yearly low was recorded on March 23, dropping to 2.3448.

This high-to-low spread represents a total annual volatility of 0.5512 JMD. From a start-to-finish perspective, comparing the January average rate of 2.4295 to the December average rate of 2.8389, the exchange rate registered a net change of 16.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8961 was up 13.35% compared to the 2019 peak of 2.5549, 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 14,480 JMD

2019 Average 12,148 JMD

Yearly Trough Low 11,724 JMD

Transaction Impact: A difference of 2,756.14 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.9038

2.3806

JanuMarcMayJulySeptNove

MKD to JMD 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 2.4801, compared to 2.7825 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3024 points.

H1 Avg (Jan–Jun) 2.4801

H2 Avg (Jul–Dec) 2.7825

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.2930 JMD (High: 2.8286 / Low: 2.5356). On the other end, December was the most stable month, with a tight range of 0.0627 JMD (High: 2.8807 / Low: 2.8180).

July Spread (Volatile) ±0.2930

December Spread (Stable) ±0.0627

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 August and September, when the average rate fell by 0.1075 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 2.8602) against the same month in 2019 (average: 2.4420), the exchange rate shifted by +0.4182 (+17.13%).

2020 Avg (August) 2.8602

2019 Avg (August) 2.4420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5032	2.3776	2.4295
February	2.5055	2.4313	2.4772
March	2.4973	2.3448	2.4263
April	2.4979	2.3468	2.4242
May	2.6117	2.4796	2.5539
June	2.6266	2.5372	2.5695
July	2.8286	2.5356	2.6612
August	2.8961	2.8136	2.8602
September	2.8669	2.6713	2.7527
October	2.8053	2.6896	2.7586
November	2.8463	2.7415	2.8233
December	2.8807	2.8180	2.8389