2020 MKD to MGA Historical Review

YEARLY HIGH

77.3414 MGA

YEARLY LOW

64.9671 MGA

YEARLY AVERAGE

70.5951 MGA

2020 MKD to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 77.3414. Conversely, the yearly low was recorded on January 28, dropping to 64.9671.

This high-to-low spread represents a total annual volatility of 12.3744 MGA. From a start-to-finish perspective, comparing the January average rate of 66.4601 to the December average rate of 75.4155, 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 77.3414 was up 14.34% compared to the 2019 peak of 67.6417, 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 386,707 MGA

2019 Average 330,479 MGA

Yearly Trough Low 324,835 MGA

Transaction Impact: A difference of 61,871.77 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

76.3958

64.6323

JanuMarcMayJulySeptNove

MKD to MGA 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 67.1075, compared to 74.0827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9752 points.

H1 Avg (Jan–Jun) 67.1075

H2 Avg (Jul–Dec) 74.0827

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 4.2087 MGA (High: 77.3414 / Low: 73.1327). On the other end, September was the most stable month, with a tight range of 1.1345 MGA (High: 74.3133 / Low: 73.1788).

December Spread (Volatile) ±4.2087

September Spread (Stable) ±1.1345

Growth Streaks & Declines

Trends

Between 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 0.8475 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.8475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 75.4155) against the same month in 2019 (average: 65.1372), the exchange rate shifted by +10.2783 (+15.78%).

2020 Avg (December) 75.4155

2019 Avg (December) 65.1372

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	67.6542	64.9671	66.4601
February	66.3417	65.0328	65.6126
March	68.2262	65.2195	66.7963
April	67.4810	65.8833	66.5093
May	68.7016	66.5766	67.4199
June	70.8476	67.9812	69.8470
July	73.3483	70.1679	71.4383
August	74.6175	72.6883	73.6323
September	74.3133	73.1788	73.8707
October	75.8329	74.0773	74.8026
November	76.5311	73.2574	75.3367
December	77.3414	73.1327	75.4155