2020 MKD to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MKD to KMF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MKD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 404.1042. Conversely, the yearly low was recorded on June 4, dropping to 7.8903.
This high-to-low spread represents a total annual volatility of 396.2140 KMF. From a start-to-finish perspective, comparing the January average rate of 8.0075 to the December average rate of 20.7688, the exchange rate registered a net change of 159.37% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 404.1042 was down 1.04% compared to the 2019 peak of 408.3479, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MKD to KMF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.9943, compared to 10.1211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1267 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 396.1624 KMF (High: 404.1042 / Low: 7.9419). On the other end, January was the most stable month, with a tight range of 0.0352 KMF (High: 8.0210 / Low: 7.9858).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0209 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 20.7688) against the same month in 2019 (average: 8.0121), the exchange rate shifted by +12.7566 (+159.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.0210 | 7.9858 | 8.0075 |
| February | 8.0279 | 7.9528 | 7.9901 |
| March | 8.1099 | 7.9147 | 8.0102 |
| April | 8.0496 | 7.9301 | 7.9893 |
| May | 8.0365 | 7.9424 | 7.9885 |
| June | 8.0400 | 7.8903 | 7.9804 |
| July | 8.0737 | 7.9674 | 7.9952 |
| August | 8.0684 | 7.9029 | 7.9777 |
| September | 8.0433 | 7.9426 | 7.9978 |
| October | 8.0891 | 7.9502 | 7.9949 |
| November | 8.0467 | 7.9722 | 7.9921 |
| December | 404.1042 | 7.9419 | 20.7688 |