2020 MKD to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MKD to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 30.5258. Conversely, the yearly low was recorded on July 6, dropping to 15.5215.
This high-to-low spread represents a total annual volatility of 15.0043 LBP. From a start-to-finish perspective, comparing the January average rate of 27.3262 to the December average rate of 29.9197, the exchange rate registered a net change of 9.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 30.5258 was up 8.29% compared to the 2019 peak of 28.1887, 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 LBP 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 27.0165, compared to 28.9473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9308 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 13.5881 LBP (High: 29.1095 / Low: 15.5215). On the other end, October was the most stable month, with a tight range of 0.4493 LBP (High: 29.1338 / Low: 28.6845).
Growth Streaks & Declines
TrendsBetween 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 0.5300 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2020: 27.7223) against the same month in 2019 (average: 27.6901), the exchange rate shifted by +0.0322 (+0.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.8341 | 27.0538 | 27.3262 |
| February | 27.1613 | 26.4844 | 26.7962 |
| March | 27.8205 | 16.3879 | 26.8069 |
| April | 27.0507 | 26.4786 | 26.6734 |
| May | 27.3189 | 26.4721 | 26.7742 |
| June | 30.5258 | 27.3332 | 27.7223 |
| July | 29.1095 | 15.5215 | 27.7279 |
| August | 29.2725 | 28.8216 | 29.0293 |
| September | 29.2327 | 28.5491 | 28.9855 |
| October | 29.1338 | 28.6845 | 28.9173 |
| November | 29.3409 | 28.6074 | 29.1044 |
| December | 30.2396 | 29.4015 | 29.9197 |