YEARLY HIGH
0.3380 LSL
YEARLY LOW
0.2543 LSL
YEARLY AVERAGE
0.3044 LSL

2020 MKD to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.3380. Conversely, the yearly low was recorded on January 4, dropping to 0.2543.

This high-to-low spread represents a total annual volatility of 0.0837 LSL. From a start-to-finish perspective, comparing the January average rate of 0.2592 to the December average rate of 0.2941, the exchange rate registered a net change of 13.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3380 was up 20.02% compared to the 2019 peak of 0.2816, 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 1,690 LSL
2019 Average 1,314 LSL
Yearly Trough Low 1,271 LSL
Transaction Impact: A difference of 418.41 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3370
0.2521
JanuMarcMayJulySeptNove

MKD to LSL 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 0.2974, compared to 0.3115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.2974
H2 Avg (Jul–Dec) 0.3115

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0464 LSL (High: 0.3208 / Low: 0.2744). On the other end, October was the most stable month, with a tight range of 0.0103 LSL (High: 0.3194 / Low: 0.3092).

March Spread (Volatile) ±0.0464
October Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0158 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.3299) against the same month in 2019 (average: 0.2735), the exchange rate shifted by +0.0565 (+20.65%).

2020 Avg (August) 0.3299
2019 Avg (August) 0.2735

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2652 0.2543 0.2592
February 0.2744 0.2610 0.2653
March 0.3208 0.2744 0.2985
April 0.3338 0.3173 0.3270
May 0.3309 0.3105 0.3214
June 0.3172 0.3052 0.3129
July 0.3199 0.3079 0.3114
August 0.3380 0.3199 0.3299
September 0.3254 0.3110 0.3204
October 0.3194 0.3092 0.3145
November 0.3084 0.2939 0.2987
December 0.3015 0.2884 0.2941