2020 MKD to KPW Historical Review

YEARLY HIGH

17.9648 KPW

YEARLY LOW

15.6556 KPW

YEARLY AVERAGE

16.6695 KPW

2020 MKD to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 17.9648. Conversely, the yearly low was recorded on March 22, dropping to 15.6556.

This high-to-low spread represents a total annual volatility of 2.3092 KPW. From a start-to-finish perspective, comparing the January average rate of 16.2496 to the December average rate of 17.7758, 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 17.9648 was up 6.93% compared to the 2019 peak of 16.8008, 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 89,824 KPW

2019 Average 81,885 KPW

Yearly Trough Low 78,278 KPW

Transaction Impact: A difference of 11,545.97 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

17.9672

15.6705

JanuMarcMayJulySeptNove

MKD to KPW 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 16.0940, compared to 17.2450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1510 points.

H1 Avg (Jan–Jun) 16.0940

H2 Avg (Jul–Dec) 17.2450

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0368 KPW (High: 16.6924 / Low: 15.6556). On the other end, October was the most stable month, with a tight range of 0.2550 KPW (High: 17.3255 / Low: 17.0705).

March Spread (Volatile) ±1.0368

October Spread (Stable) ±0.2550

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 0.3072 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 17.7758) against the same month in 2019 (average: 16.2600), the exchange rate shifted by +1.5158 (+9.32%).

2020 Avg (December) 17.7758

2019 Avg (December) 16.2600

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.4123	16.1082	16.2496
February	16.1461	15.7597	15.9424
March	16.6924	15.6556	16.1517
April	16.0447	15.7404	15.8619
May	16.2546	15.7681	15.9291
June	16.6009	16.2602	16.4290
July	17.2985	16.4029	16.7260
August	17.4393	17.1491	17.2704
September	17.4059	16.9964	17.2212
October	17.3255	17.0705	17.1862
November	17.4264	17.0030	17.2904
December	17.9648	17.4803	17.7758