2020 MKD to MXN Historical Review

YEARLY HIGH

0.4421 MXN

YEARLY LOW

0.3257 MXN

YEARLY AVERAGE

0.3975 MXN

2020 MKD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 0.4421. Conversely, the yearly low was recorded on February 19, dropping to 0.3257.

This high-to-low spread represents a total annual volatility of 0.1163 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3395 to the December average rate of 0.3940, the exchange rate registered a net change of 16.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4421 was up 20.77% compared to the 2019 peak of 0.3661, 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 2,210 MXN

2019 Average 1,751 MXN

Yearly Trough Low 1,629 MXN

Transaction Impact: A difference of 581.74 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4361

0.3246

JanuMarcMayJulySeptNove

MKD to MXN 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 0.3872, compared to 0.4078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0205 points.

H1 Avg (Jan–Jun) 0.3872

H2 Avg (Jul–Dec) 0.4078

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0906 MXN (High: 0.4412 / Low: 0.3506). On the other end, January was the most stable month, with a tight range of 0.0102 MXN (High: 0.3449 / Low: 0.3347).

March Spread (Volatile) ±0.0906

January Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0139 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.4268) against the same month in 2019 (average: 0.3457), the exchange rate shifted by +0.0811 (+23.46%).

2020 Avg (April) 0.4268

2019 Avg (April) 0.3457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3449	0.3347	0.3395
February	0.3495	0.3257	0.3339
March	0.4412	0.3506	0.4004
April	0.4421	0.4113	0.4268
May	0.4413	0.3957	0.4151
June	0.4207	0.3920	0.4078
July	0.4283	0.4080	0.4162
August	0.4335	0.4172	0.4251
September	0.4266	0.4017	0.4138
October	0.4165	0.4010	0.4057
November	0.4038	0.3863	0.3918
December	0.3988	0.3884	0.3940