2020 MKD to MVR Historical Review

YEARLY HIGH

0.3074 MVR

YEARLY LOW

0.2681 MVR

YEARLY AVERAGE

0.2857 MVR

2020 MKD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.3074. Conversely, the yearly low was recorded on March 22, dropping to 0.2681.

This high-to-low spread represents a total annual volatility of 0.0393 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2790 to the December average rate of 0.3044, 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 0.3074 was up 6.44% compared to the 2019 peak of 0.2888, 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 1,537 MVR

2019 Average 1,405 MVR

Yearly Trough Low 1,340 MVR

Transaction Impact: A difference of 196.69 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3077

0.2685

JanuMarcMayJulySeptNove

MKD to MVR 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 0.2763, compared to 0.2952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 0.2763

H2 Avg (Jul–Dec) 0.2952

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0194 MVR (High: 0.2875 / Low: 0.2681). On the other end, October was the most stable month, with a tight range of 0.0044 MVR (High: 0.2967 / Low: 0.2923).

March Spread (Volatile) ±0.0194

October Spread (Stable) ±0.0044

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 0.0055 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.3044) against the same month in 2019 (average: 0.2790), the exchange rate shifted by +0.0254 (+9.11%).

2020 Avg (December) 0.3044

2019 Avg (December) 0.2790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2817	0.2766	0.2790
February	0.2774	0.2695	0.2737
March	0.2875	0.2681	0.2772
April	0.2745	0.2693	0.2718
May	0.2790	0.2710	0.2739
June	0.2861	0.2800	0.2819
July	0.2962	0.2809	0.2863
August	0.2986	0.2935	0.2956
September	0.2980	0.2909	0.2948
October	0.2967	0.2923	0.2942
November	0.2984	0.2909	0.2959
December	0.3074	0.2991	0.3044