YEARLY HIGH
57.0548 MNT
YEARLY LOW
48.0552 MNT
YEARLY AVERAGE
52.0369 MNT

2020 MKD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 57.0548. Conversely, the yearly low was recorded on March 22, dropping to 48.0552.

This high-to-low spread represents a total annual volatility of 8.9996 MNT. From a start-to-finish perspective, comparing the January average rate of 48.8045 to the December average rate of 56.3503, the exchange rate registered a net change of 15.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 57.0548 was up 15.85% compared to the 2019 peak of 49.2469, 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 285,274 MNT
2019 Average 234,074 MNT
Yearly Trough Low 240,276 MNT
Transaction Impact: A difference of 44,997.80 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

57.1203
47.8798
JanuMarcMayJulySeptNove

MKD to MNT 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 49.4782, compared to 54.5956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1174 points.

H1 Avg (Jan–Jun) 49.4782
H2 Avg (Jul–Dec) 54.5956

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 3.1876 MNT (High: 54.7252 / Low: 51.5376). On the other end, January was the most stable month, with a tight range of 0.8242 MNT (High: 49.2385 / Low: 48.4143).

July Spread (Volatile) ±3.1876
January Spread (Stable) ±0.8242

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.4641 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 56.3503) against the same month in 2019 (average: 48.7134), the exchange rate shifted by +7.6369 (+15.68%).

2020 Avg (December) 56.3503
2019 Avg (December) 48.7134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.2385 48.4143 48.8045
February 49.1179 48.2214 48.6499
March 51.1392 48.0552 49.5182
April 49.6222 48.6255 49.0541
May 50.6606 48.8025 49.4696
June 51.9133 50.6759 51.3732
July 54.7252 51.5376 52.7052
August 55.2581 54.2410 54.6598
September 55.1491 53.9837 54.7308
October 54.8267 53.8957 54.4273
November 55.2771 53.9084 54.7004
December 57.0548 55.4028 56.3503