2020 MKD to SAR Historical Review

YEARLY HIGH

0.0749 SAR

YEARLY LOW

0.0653 SAR

YEARLY AVERAGE

0.0695 SAR

2020 MKD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0749. Conversely, the yearly low was recorded on March 22, dropping to 0.0653.

This high-to-low spread represents a total annual volatility of 0.0096 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0677 to the December average rate of 0.0741, the exchange rate registered a net change of 9.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0749 was up 6.93% compared to the 2019 peak of 0.0700, 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 374 SAR

2019 Average 341 SAR

Yearly Trough Low 327 SAR

Transaction Impact: A difference of 47.92 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0749

0.0655

JanuMarcMayJulySeptNove

MKD to SAR 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 0.0671, compared to 0.0719 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) 0.0671

H2 Avg (Jul–Dec) 0.0719

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0043 SAR (High: 0.0696 / Low: 0.0653). On the other end, October was the most stable month, with a tight range of 0.0011 SAR (High: 0.0722 / Low: 0.0711).

March Spread (Volatile) ±0.0043

October Spread (Stable) ±0.0011

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 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0741) against the same month in 2019 (average: 0.0678), the exchange rate shifted by +0.0063 (+9.34%).

2020 Avg (December) 0.0741

2019 Avg (December) 0.0678

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0684	0.0672	0.0677
February	0.0673	0.0657	0.0665
March	0.0696	0.0653	0.0674
April	0.0670	0.0658	0.0663
May	0.0678	0.0658	0.0665
June	0.0692	0.0678	0.0685
July	0.0721	0.0684	0.0697
August	0.0727	0.0715	0.0720
September	0.0725	0.0708	0.0718
October	0.0722	0.0711	0.0716
November	0.0726	0.0709	0.0721
December	0.0749	0.0728	0.0741