YEARLY HIGH
0.0061 KWD
YEARLY LOW
0.0054 KWD
YEARLY AVERAGE
0.0057 KWD

2020 MKD to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0061. Conversely, the yearly low was recorded on February 18, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0007 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0055 to the December average rate of 0.0060, the exchange rate registered a net change of 9.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0061 was up 7.46% compared to the 2019 peak of 0.0057, 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 30 KWD
2019 Average 28 KWD
Yearly Trough Low 27 KWD
Transaction Impact: A difference of 3.61 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0061
0.0053
JanuMarcMayJulySeptNove

MKD to KWD 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 0.0055, compared to 0.0059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0055
H2 Avg (Jul–Dec) 0.0059

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0003 KWD (High: 0.0059 / Low: 0.0056). On the other end, October was the most stable month, with a tight range of 0.0001 KWD (High: 0.0059 / Low: 0.0058).

July Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0060) against the same month in 2019 (average: 0.0055), the exchange rate shifted by +0.0005 (+9.79%).

2020 Avg (December) 0.0060
2019 Avg (December) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0054 0.0055
February 0.0055 0.0054 0.0054
March 0.0057 0.0054 0.0055
April 0.0056 0.0054 0.0055
May 0.0056 0.0054 0.0055
June 0.0057 0.0056 0.0056
July 0.0059 0.0056 0.0057
August 0.0059 0.0058 0.0059
September 0.0059 0.0058 0.0059
October 0.0059 0.0058 0.0058
November 0.0059 0.0058 0.0059
December 0.0061 0.0059 0.0060