2020 MKD to RON Historical Review

YEARLY HIGH

0.0801 RON

YEARLY LOW

0.0768 RON

YEARLY AVERAGE

0.0785 RON

2020 MKD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0801. Conversely, the yearly low was recorded on March 28, dropping to 0.0768.

This high-to-low spread represents a total annual volatility of 0.0034 RON. From a start-to-finish perspective, comparing the January average rate of 0.0777 to the December average rate of 0.0790, the exchange rate registered a net change of 1.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0801 was up 2.64% compared to the 2019 peak of 0.0781, 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 401 RON

2019 Average 386 RON

Yearly Trough Low 384 RON

Transaction Impact: A difference of 16.90 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0792

0.0774

JanuMarcMayJulySeptNove

MKD to RON 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 0.0782, compared to 0.0788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0782

H2 Avg (Jul–Dec) 0.0788

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0034 RON (High: 0.0801 / Low: 0.0768). On the other end, November was the most stable month, with a tight range of 0.0007 RON (High: 0.0793 / Low: 0.0786).

March Spread (Volatile) ±0.0034

November Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and June, 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 (March 2020: 0.0784) against the same month in 2019 (average: 0.0773), the exchange rate shifted by +0.0010 (+1.34%).

2020 Avg (March) 0.0784

2019 Avg (March) 0.0773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0780	0.0773	0.0777
February	0.0781	0.0772	0.0776
March	0.0801	0.0768	0.0784
April	0.0791	0.0779	0.0784
May	0.0788	0.0777	0.0784
June	0.0790	0.0775	0.0785
July	0.0789	0.0776	0.0785
August	0.0789	0.0780	0.0784
September	0.0792	0.0785	0.0789
October	0.0797	0.0789	0.0791
November	0.0793	0.0786	0.0790
December	0.0794	0.0784	0.0790