2020 MKD to MOP Historical Review

YEARLY HIGH

0.1594 MOP

YEARLY LOW

0.1381 MOP

YEARLY AVERAGE

0.1480 MOP

2020 MKD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1594. Conversely, the yearly low was recorded on March 23, dropping to 0.1381.

This high-to-low spread represents a total annual volatility of 0.0213 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1446 to the December average rate of 0.1577, the exchange rate registered a net change of 9.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1594 was up 5.70% compared to the 2019 peak of 0.1508, 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 797 MOP

2019 Average 734 MOP

Yearly Trough Low 691 MOP

Transaction Impact: A difference of 106.26 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1594

0.1390

JanuMarcMayJulySeptNove

MKD to MOP 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 0.1429, compared to 0.1530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.1429

H2 Avg (Jul–Dec) 0.1530

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0104 MOP (High: 0.1486 / Low: 0.1381). On the other end, October was the most stable month, with a tight range of 0.0022 MOP (High: 0.1537 / Low: 0.1514).

March Spread (Volatile) ±0.0104

October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1577) against the same month in 2019 (average: 0.1452), the exchange rate shifted by +0.0125 (+8.63%).

2020 Avg (December) 0.1577

2019 Avg (December) 0.1452

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1470	0.1432	0.1446
February	0.1435	0.1403	0.1418
March	0.1486	0.1381	0.1435
April	0.1423	0.1396	0.1407
May	0.1442	0.1399	0.1413
June	0.1472	0.1442	0.1457
July	0.1535	0.1455	0.1484
August	0.1546	0.1521	0.1532
September	0.1543	0.1507	0.1527
October	0.1537	0.1514	0.1524
November	0.1546	0.1509	0.1534
December	0.1594	0.1551	0.1577