2020 MKD to STD Historical Review

YEARLY HIGH

414.7668 STD

YEARLY LOW

385.0368 STD

YEARLY AVERAGE

398.2334 STD

2020 MKD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 414.7668. Conversely, the yearly low was recorded on March 22, dropping to 385.0368.

This high-to-low spread represents a total annual volatility of 29.7300 STD. From a start-to-finish perspective, comparing the January average rate of 389.2830 to the December average rate of 408.3197, the exchange rate registered a net change of 4.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 414.7668 was up 4.19% compared to the 2019 peak of 398.0983, 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 2,073,834 STD

2019 Average 1,938,852 STD

Yearly Trough Low 1,925,184 STD

Transaction Impact: A difference of 148,649.98 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

410.2900

386.6473

JanuMarcMayJulySeptNove

MKD to STD 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 392.6222, compared to 403.8446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.2223 points.

H1 Avg (Jan–Jun) 392.6222

H2 Avg (Jul–Dec) 403.8446

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 23.9791 STD (High: 409.0159 / Low: 385.0368). On the other end, February was the most stable month, with a tight range of 6.7645 STD (High: 392.9252 / Low: 386.1607).

March Spread (Volatile) ±23.9791

February Spread (Stable) ±6.7645

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 7.9746 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -7.9746

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 405.0319) against the same month in 2019 (average: 394.2155), the exchange rate shifted by +10.8165 (+2.74%).

2020 Avg (July) 405.0319

2019 Avg (July) 394.2155

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	393.1803	385.8946	389.2830
February	392.9252	386.1607	388.6175
March	409.0159	385.0368	396.6608
April	393.1082	385.6882	388.6862
May	398.2429	386.3300	390.2723
June	406.7274	398.3807	402.2137
July	414.7668	399.5862	405.0319
August	411.0108	401.3822	405.1415
September	405.6218	397.1844	401.1378
October	404.3464	396.7798	400.8755
November	405.0413	397.5106	402.5610
December	412.9041	403.9623	408.3197