2020 MKD to SGD Historical Review

YEARLY HIGH

0.0265 SGD

YEARLY LOW

0.0243 SGD

YEARLY AVERAGE

0.0255 SGD

2020 MKD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.0265. Conversely, the yearly low was recorded on January 20, dropping to 0.0243.

This high-to-low spread represents a total annual volatility of 0.0022 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0244 to the December average rate of 0.0263, the exchange rate registered a net change of 7.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0265 was up 4.13% compared to the 2019 peak of 0.0254, 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 132 SGD

2019 Average 124 SGD

Yearly Trough Low 121 SGD

Transaction Impact: A difference of 11.12 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0265

0.0242

JanuMarcMayJulySeptNove

MKD to SGD 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 0.0250, compared to 0.0261 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0250

H2 Avg (Jul–Dec) 0.0261

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0010 SGD (High: 0.0264 / Low: 0.0254). On the other end, November was the most stable month, with a tight range of 0.0002 SGD (High: 0.0260 / Low: 0.0258).

July Spread (Volatile) ±0.0010

November Spread (Stable) ±0.0002

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 March and April, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0263) against the same month in 2019 (average: 0.0245), the exchange rate shifted by +0.0018 (+7.35%).

2020 Avg (December) 0.0263

2019 Avg (December) 0.0245

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0246	0.0243	0.0244
February	0.0248	0.0244	0.0246
March	0.0258	0.0249	0.0254
April	0.0255	0.0249	0.0251
May	0.0255	0.0248	0.0251
June	0.0256	0.0253	0.0254
July	0.0264	0.0254	0.0258
August	0.0264	0.0261	0.0263
September	0.0263	0.0260	0.0261
October	0.0261	0.0258	0.0260
November	0.0260	0.0258	0.0259
December	0.0265	0.0260	0.0263