2020 MKD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MKD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 138.8681. Conversely, the yearly low was recorded on April 11, dropping to 113.5349.
This high-to-low spread represents a total annual volatility of 25.3332 PYG. From a start-to-finish perspective, comparing the January average rate of 117.5029 to the December average rate of 137.3833, the exchange rate registered a net change of 16.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 138.8681 was up 17.74% compared to the 2019 peak of 117.9427, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
MKD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 117.3715, compared to 133.5892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.2176 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was July, with a trading range of 9.3961 PYG (High: 133.5844 / Low: 124.1883). On the other end, January was the most stable month, with a tight range of 1.5813 PYG (High: 118.2836 / Low: 116.7023).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.1509 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 137.3833) against the same month in 2019 (average: 116.4293), the exchange rate shifted by +20.9540 (+18.00%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 118.2836 | 116.7023 | 117.5029 |
| February | 117.1283 | 114.2651 | 115.5609 |
| March | 121.2551 | 114.7777 | 117.8212 |
| April | 116.8916 | 113.5349 | 114.6703 |
| May | 120.0122 | 114.1018 | 116.3512 |
| June | 123.9186 | 120.0005 | 122.3226 |
| July | 133.5844 | 124.1883 | 128.0619 |
| August | 134.9622 | 131.9778 | 133.3852 |
| September | 134.5071 | 131.9286 | 133.5962 |
| October | 135.2748 | 132.7946 | 133.9663 |
| November | 136.5234 | 132.7269 | 135.1420 |
| December | 138.8681 | 133.9123 | 137.3833 |