2020 MKD to NOK Historical Review

YEARLY HIGH

0.2067 NOK

YEARLY LOW

0.1599 NOK

YEARLY AVERAGE

0.1742 NOK

2020 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.2067. Conversely, the yearly low was recorded on January 2, dropping to 0.1599.

This high-to-low spread represents a total annual volatility of 0.0469 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1615 to the December average rate of 0.1719, the exchange rate registered a net change of 6.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2067 was up 23.96% compared to the 2019 peak of 0.1668, 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 1,034 NOK

2019 Average 800 NOK

Yearly Trough Low 799 NOK

Transaction Impact: A difference of 234.28 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1866

0.1592

JanuMarcMayJulySeptNove

MKD to NOK 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 0.1745, compared to 0.1739 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1745

H2 Avg (Jul–Dec) 0.1739

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0395 NOK (High: 0.2067 / Low: 0.1673). On the other end, December was the most stable month, with a tight range of 0.0035 NOK (High: 0.1739 / Low: 0.1704).

March Spread (Volatile) ±0.0395

December Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1843) against the same month in 2019 (average: 0.1581), the exchange rate shifted by +0.0262 (+16.60%).

2020 Avg (March) 0.1843

2019 Avg (March) 0.1581

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1652	0.1599	0.1615
February	0.1674	0.1626	0.1645
March	0.2067	0.1673	0.1843
April	0.1895	0.1799	0.1837
May	0.1854	0.1755	0.1786
June	0.1775	0.1689	0.1742
July	0.1751	0.1703	0.1728
August	0.1751	0.1687	0.1717
September	0.1807	0.1692	0.1751
October	0.1819	0.1751	0.1775
November	0.1814	0.1707	0.1744
December	0.1739	0.1704	0.1719