2020 MKD to PEN Historical Review

YEARLY HIGH

0.0723 PEN

YEARLY LOW

0.0590 PEN

YEARLY AVERAGE

0.0648 PEN

2020 MKD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0723. Conversely, the yearly low was recorded on April 23, dropping to 0.0590.

This high-to-low spread represents a total annual volatility of 0.0133 PEN. From a start-to-finish perspective, comparing the January average rate of 0.0600 to the December average rate of 0.0711, the exchange rate registered a net change of 18.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0723 was up 15.29% compared to the 2019 peak of 0.0627, 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 361 PEN

2019 Average 304 PEN

Yearly Trough Low 295 PEN

Transaction Impact: A difference of 66.28 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0722

0.0588

JanuMarcMayJulySeptNove

MKD to PEN 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 0.0611, compared to 0.0685 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.0611

H2 Avg (Jul–Dec) 0.0685

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0043 PEN (High: 0.0647 / Low: 0.0604). On the other end, October was the most stable month, with a tight range of 0.0012 PEN (High: 0.0693 / Low: 0.0681).

March Spread (Volatile) ±0.0043

October Spread (Stable) ±0.0012

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 March and April, when the average rate fell by 0.0027 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0711) against the same month in 2019 (average: 0.0606), the exchange rate shifted by +0.0106 (+17.44%).

2020 Avg (December) 0.0711

2019 Avg (December) 0.0606

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0608	0.0595	0.0600
February	0.0616	0.0593	0.0601
March	0.0647	0.0604	0.0626
April	0.0612	0.0590	0.0599
May	0.0620	0.0595	0.0605
June	0.0645	0.0618	0.0634
July	0.0679	0.0642	0.0654
August	0.0691	0.0675	0.0683
September	0.0688	0.0673	0.0680
October	0.0693	0.0681	0.0687
November	0.0705	0.0683	0.0693
December	0.0723	0.0701	0.0711