YEARLY HIGH
15.3702 MWK
YEARLY LOW
12.7606 MWK
YEARLY AVERAGE
13.7893 MWK

2020 MKD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 15.3702. Conversely, the yearly low was recorded on March 23, dropping to 12.7606.

This high-to-low spread represents a total annual volatility of 2.6096 MWK. From a start-to-finish perspective, comparing the January average rate of 13.2926 to the December average rate of 15.1504, the exchange rate registered a net change of 13.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.3702 was up 4.49% compared to the 2019 peak of 14.7098, 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 76,851 MWK
2019 Average 66,807 MWK
Yearly Trough Low 63,803 MWK
Transaction Impact: A difference of 13,047.97 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.3684
12.7528
JanuMarcMayJulySeptNove

MKD to MWK 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 13.1628, compared to 14.4159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2531 points.

H1 Avg (Jan–Jun) 13.1628
H2 Avg (Jul–Dec) 14.4159

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.8833 MWK (High: 13.6438 / Low: 12.7606). On the other end, June was the most stable month, with a tight range of 0.2440 MWK (High: 13.6122 / Low: 13.3682).

March Spread (Volatile) ±0.8833
June Spread (Stable) ±0.2440

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 0.2827 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2827

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 15.1504) against the same month in 2019 (average: 13.2562), the exchange rate shifted by +1.8943 (+14.29%).

2020 Avg (December) 15.1504
2019 Avg (December) 13.2562

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.4978 13.1597 13.2926
February 13.2118 12.8490 13.0099
March 13.6438 12.7606 13.2113
April 13.1328 12.8390 12.9707
May 13.3266 12.8891 13.0302
June 13.6122 13.3682 13.4618
July 14.2677 13.3957 13.6971
August 14.4921 14.0835 14.3083
September 14.4716 14.1825 14.3437
October 14.5145 14.2551 14.3950
November 14.8035 14.2405 14.6010
December 15.3702 14.8364 15.1504