2020 MKD to QAR Historical Review

YEARLY HIGH

0.0727 QAR

YEARLY LOW

0.0634 QAR

YEARLY AVERAGE

0.0674 QAR

2020 MKD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0727. Conversely, the yearly low was recorded on March 22, dropping to 0.0634.

This high-to-low spread represents a total annual volatility of 0.0093 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0657 to the December average rate of 0.0719, the exchange rate registered a net change of 9.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0727 was up 6.94% compared to the 2019 peak of 0.0680, 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 363 QAR

2019 Average 331 QAR

Yearly Trough Low 317 QAR

Transaction Impact: A difference of 46.49 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0727

0.0634

JanuMarcMayJulySeptNove

MKD to QAR 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 0.0651, compared to 0.0698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0651

H2 Avg (Jul–Dec) 0.0698

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0041 QAR (High: 0.0675 / Low: 0.0634). On the other end, October was the most stable month, with a tight range of 0.0010 QAR (High: 0.0701 / Low: 0.0691).

March Spread (Volatile) ±0.0041

October Spread (Stable) ±0.0010

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 0.0012 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0719) against the same month in 2019 (average: 0.0658), the exchange rate shifted by +0.0062 (+9.35%).

2020 Avg (December) 0.0719

2019 Avg (December) 0.0658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0664	0.0652	0.0657
February	0.0653	0.0638	0.0645
March	0.0675	0.0634	0.0653
April	0.0649	0.0637	0.0642
May	0.0658	0.0638	0.0645
June	0.0672	0.0658	0.0665
July	0.0700	0.0664	0.0677
August	0.0705	0.0694	0.0699
September	0.0704	0.0688	0.0697
October	0.0701	0.0691	0.0695
November	0.0705	0.0688	0.0699
December	0.0727	0.0707	0.0719