YEARLY HIGH
0.0077 OMR
YEARLY LOW
0.0067 OMR
YEARLY AVERAGE
0.0071 OMR

2020 MKD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0077. Conversely, the yearly low was recorded on March 22, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0010 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0070 to the December average rate of 0.0076, the exchange rate registered a net change of 9.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0077 was up 6.92% compared to the 2019 peak of 0.0072, 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 38 OMR
2019 Average 35 OMR
Yearly Trough Low 33 OMR
Transaction Impact: A difference of 5.04 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0077
0.0067
JanuMarcMayJulySeptNove

MKD to OMR 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 0.0069, compared to 0.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0069
H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0005 OMR (High: 0.0071 / Low: 0.0067). On the other end, October was the most stable month, with a tight range of 0.0001 OMR (High: 0.0074 / Low: 0.0073).

March Spread (Volatile) ±0.0005
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0076) against the same month in 2019 (average: 0.0070), the exchange rate shifted by +0.0006 (+9.31%).

2020 Avg (December) 0.0076
2019 Avg (December) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0070 0.0069 0.0070
February 0.0069 0.0067 0.0068
March 0.0071 0.0067 0.0069
April 0.0069 0.0067 0.0068
May 0.0070 0.0067 0.0068
June 0.0071 0.0070 0.0070
July 0.0074 0.0070 0.0072
August 0.0075 0.0073 0.0074
September 0.0074 0.0073 0.0074
October 0.0074 0.0073 0.0074
November 0.0075 0.0073 0.0074
December 0.0077 0.0075 0.0076