2020 MKD to SCR Historical Review

YEARLY HIGH

0.4233 SCR

YEARLY LOW

0.2282 SCR

YEARLY AVERAGE

0.3191 SCR

2020 MKD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4233. Conversely, the yearly low was recorded on March 16, dropping to 0.2282.

This high-to-low spread represents a total annual volatility of 0.1951 SCR. From a start-to-finish perspective, comparing the January average rate of 0.2467 to the December average rate of 0.4186, the exchange rate registered a net change of 69.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4233 was up 65.48% compared to the 2019 peak of 0.2558, 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 2,116 SCR

2019 Average 1,244 SCR

Yearly Trough Low 1,141 SCR

Transaction Impact: A difference of 975.45 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4363

0.2244

JanuMarcMayJulySeptNove

MKD to SCR 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 0.2752, compared to 0.3629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0877 points.

H1 Avg (Jan–Jun) 0.2752

H2 Avg (Jul–Dec) 0.3629

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0676 SCR (High: 0.3092 / Low: 0.2416). On the other end, September was the most stable month, with a tight range of 0.0066 SCR (High: 0.3460 / Low: 0.3394).

April Spread (Volatile) ±0.0676

September Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0046 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4186) against the same month in 2019 (average: 0.2475), the exchange rate shifted by +0.1711 (+69.14%).

2020 Avg (December) 0.4186

2019 Avg (December) 0.2475

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2508	0.2329	0.2467
February	0.2458	0.2367	0.2420
March	0.2543	0.2282	0.2453
April	0.3092	0.2416	0.2886
May	0.3181	0.2825	0.3080
June	0.3265	0.3072	0.3208
July	0.3431	0.3208	0.3282
August	0.3574	0.3398	0.3428
September	0.3460	0.3394	0.3435
October	0.3706	0.3417	0.3531
November	0.4029	0.3651	0.3914
December	0.4233	0.4042	0.4186