2020 MKD to LAK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MKD to LAK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MKD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 185.4450. Conversely, the yearly low was recorded on March 22, dropping to 155.2036.
This high-to-low spread represents a total annual volatility of 30.2414 LAK. From a start-to-finish perspective, comparing the January average rate of 160.3999 to the December average rate of 183.4255, the exchange rate registered a net change of 14.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 185.4450 was up 14.47% compared to the 2019 peak of 162.0043, 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 LAK 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 159.9765, compared to 175.9427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.9662 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 9.8897 LAK (High: 165.0933 / Low: 155.2036). On the other end, October was the most stable month, with a tight range of 2.8219 LAK (High: 178.2337 / Low: 175.4118).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.7897 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 183.4255) against the same month in 2019 (average: 160.3254), the exchange rate shifted by +23.1001 (+14.41%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 162.8571 | 159.0090 | 160.3999 |
| February | 159.4440 | 155.8654 | 157.6102 |
| March | 165.0933 | 155.2036 | 159.9689 |
| April | 159.7537 | 155.9317 | 157.9807 |
| May | 162.8165 | 157.2371 | 159.2429 |
| June | 166.2115 | 162.8018 | 164.6563 |
| July | 174.3305 | 164.7141 | 168.2297 |
| August | 176.6217 | 173.0009 | 174.4985 |
| September | 176.1063 | 172.2799 | 174.8156 |
| October | 178.2337 | 175.4118 | 176.5112 |
| November | 179.7318 | 174.9499 | 178.1757 |
| December | 185.4450 | 180.1955 | 183.4255 |