YEARLY HIGH
0.1747 SVC
YEARLY LOW
0.1516 SVC
YEARLY AVERAGE
0.1621 SVC

2020 MKD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1747. Conversely, the yearly low was recorded on March 23, dropping to 0.1516.

This high-to-low spread represents a total annual volatility of 0.0230 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1580 to the December average rate of 0.1728, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1747 was up 6.89% compared to the 2019 peak of 0.1634, 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 873 SVC
2019 Average 796 SVC
Yearly Trough Low 758 SVC
Transaction Impact: A difference of 115.21 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1747
0.1523
JanuMarcMayJulySeptNove

MKD to SVC 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 0.1564, compared to 0.1677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 0.1564
H2 Avg (Jul–Dec) 0.1677

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0108 SVC (High: 0.1624 / Low: 0.1516). On the other end, October was the most stable month, with a tight range of 0.0025 SVC (High: 0.1684 / Low: 0.1659).

March Spread (Volatile) ±0.0108
October Spread (Stable) ±0.0025

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 0.0030 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1728) against the same month in 2019 (average: 0.1581), the exchange rate shifted by +0.0148 (+9.35%).

2020 Avg (December) 0.1728
2019 Avg (December) 0.1581

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1604 0.1566 0.1580
February 0.1569 0.1533 0.1550
March 0.1624 0.1516 0.1570
April 0.1559 0.1530 0.1542
May 0.1580 0.1533 0.1548
June 0.1614 0.1580 0.1597
July 0.1683 0.1595 0.1626
August 0.1694 0.1667 0.1679
September 0.1692 0.1652 0.1674
October 0.1684 0.1659 0.1671
November 0.1695 0.1653 0.1681
December 0.1747 0.1700 0.1728