2020 MKD to TJS Historical Review

YEARLY HIGH

0.2261 TJS

YEARLY LOW

0.1686 TJS

YEARLY AVERAGE

0.1913 TJS

2020 MKD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2261. Conversely, the yearly low was recorded on March 23, dropping to 0.1686.

This high-to-low spread represents a total annual volatility of 0.0575 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1750 to the December average rate of 0.2237, the exchange rate registered a net change of 27.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2261 was up 28.02% compared to the 2019 peak of 0.1766, 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 1,131 TJS

2019 Average 867 TJS

Yearly Trough Low 843 TJS

Transaction Impact: A difference of 287.44 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2289

0.1665

JanuMarcMayJulySeptNove

MKD to TJS 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 0.1788, compared to 0.2037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 0.1788

H2 Avg (Jul–Dec) 0.2037

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0239 TJS (High: 0.2194 / Low: 0.1955). On the other end, October was the most stable month, with a tight range of 0.0024 TJS (High: 0.1986 / Low: 0.1962).

November Spread (Volatile) ±0.0239

October Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0033 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2237) against the same month in 2019 (average: 0.1750), the exchange rate shifted by +0.0487 (+27.83%).

2020 Avg (December) 0.2237

2019 Avg (December) 0.1750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1776	0.1735	0.1750
February	0.1739	0.1698	0.1717
March	0.1828	0.1686	0.1764
April	0.1824	0.1786	0.1803
May	0.1850	0.1795	0.1814
June	0.1898	0.1851	0.1879
July	0.1984	0.1879	0.1915
August	0.1998	0.1965	0.1980
September	0.1993	0.1949	0.1975
October	0.1986	0.1962	0.1972
November	0.2194	0.1955	0.2145
December	0.2261	0.2200	0.2237