2020 MKD to NAD Historical Review

YEARLY HIGH

0.3458 NAD

YEARLY LOW

0.2543 NAD

YEARLY AVERAGE

0.3049 NAD

2020 MKD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.3458. Conversely, the yearly low was recorded on January 4, dropping to 0.2543.

This high-to-low spread represents a total annual volatility of 0.0915 NAD. From a start-to-finish perspective, comparing the January average rate of 0.2592 to the December average rate of 0.2938, the exchange rate registered a net change of 13.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3458 was down 48.33% compared to the 2019 peak of 0.6692, 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 1,729 NAD

2019 Average 1,319 NAD

Yearly Trough Low 1,271 NAD

Transaction Impact: A difference of 457.60 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3401

0.2518

JanuMarcMayJulySeptNove

MKD to NAD 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 0.2973, compared to 0.3126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0152 points.

H1 Avg (Jan–Jun) 0.2973

H2 Avg (Jul–Dec) 0.3126

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0474 NAD (High: 0.3218 / Low: 0.2744). On the other end, January was the most stable month, with a tight range of 0.0109 NAD (High: 0.2652 / Low: 0.2543).

March Spread (Volatile) ±0.0474

January Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0188 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.3174) against the same month in 2019 (average: 0.2678), the exchange rate shifted by +0.0496 (+18.54%).

2020 Avg (October) 0.3174

2019 Avg (October) 0.2678

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2652	0.2543	0.2592
February	0.2744	0.2614	0.2652
March	0.3218	0.2744	0.2983
April	0.3343	0.3157	0.3270
May	0.3311	0.3106	0.3217
June	0.3168	0.3049	0.3125
July	0.3187	0.3074	0.3112
August	0.3380	0.3183	0.3328
September	0.3355	0.3120	0.3215
October	0.3458	0.3081	0.3174
November	0.3090	0.2944	0.2987
December	0.3004	0.2886	0.2938