2020 MKD to NPR Historical Review

YEARLY HIGH

2.3520 NPR

YEARLY LOW

2.0039 NPR

YEARLY AVERAGE

2.1948 NPR

2020 MKD to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 2.3520. Conversely, the yearly low was recorded on February 19, dropping to 2.0039.

This high-to-low spread represents a total annual volatility of 0.3482 NPR. From a start-to-finish perspective, comparing the January average rate of 2.0578 to the December average rate of 2.3267, the exchange rate registered a net change of 13.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3520 was up 10.46% compared to the 2019 peak of 2.1293, 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 11,760 NPR

2019 Average 10,242 NPR

Yearly Trough Low 10,019 NPR

Transaction Impact: A difference of 1,740.85 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3568

1.9952

JanuMarcMayJulySeptNove

MKD to NPR 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 2.1195, compared to 2.2701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1506 points.

H1 Avg (Jan–Jun) 2.1195

H2 Avg (Jul–Dec) 2.2701

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1379 NPR (High: 2.1963 / Low: 2.0584). On the other end, September was the most stable month, with a tight range of 0.0389 NPR (High: 2.2646 / Low: 2.2257).

March Spread (Volatile) ±0.1379

September Spread (Stable) ±0.0389

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0418 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.3267) against the same month in 2019 (average: 2.0574), the exchange rate shifted by +0.2693 (+13.09%).

2020 Avg (December) 2.3267

2019 Avg (December) 2.0574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0935	2.0411	2.0578
February	2.0584	2.0039	2.0253
March	2.1963	2.0584	2.1338
April	2.1779	2.1213	2.1469
May	2.1833	2.1161	2.1409
June	2.2289	2.1797	2.2120
July	2.2983	2.1763	2.2281
August	2.3084	2.2617	2.2891
September	2.2646	2.2257	2.2473
October	2.2749	2.2264	2.2468
November	2.2951	2.2504	2.2823
December	2.3520	2.2895	2.3267