2020 MKD to TND Historical Review

YEARLY HIGH

0.0539 TND

YEARLY LOW

0.0499 TND

YEARLY AVERAGE

0.0519 TND

2020 MKD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 0.0539. Conversely, the yearly low was recorded on February 20, dropping to 0.0499.

This high-to-low spread represents a total annual volatility of 0.0040 TND. From a start-to-finish perspective, comparing the January average rate of 0.0508 to the December average rate of 0.0534, the exchange rate registered a net change of 5.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0539 was down 4.51% compared to the 2019 peak of 0.0565, 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 270 TND

2019 Average 266 TND

Yearly Trough Low 250 TND

Transaction Impact: A difference of 19.99 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0537

0.0501

JanuMarcMayJulySeptNove

MKD to TND 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 0.0511, compared to 0.0527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0511

H2 Avg (Jul–Dec) 0.0527

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0018 TND (High: 0.0539 / Low: 0.0521). On the other end, September was the most stable month, with a tight range of 0.0006 TND (High: 0.0529 / Low: 0.0523).

August Spread (Volatile) ±0.0018

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.0525) against the same month in 2019 (average: 0.0519), the exchange rate shifted by +0.0007 (+1.26%).

2020 Avg (August) 0.0525

2019 Avg (August) 0.0519

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0511	0.0505	0.0508
February	0.0508	0.0499	0.0504
March	0.0519	0.0507	0.0513
April	0.0517	0.0508	0.0511
May	0.0519	0.0509	0.0513
June	0.0523	0.0513	0.0520
July	0.0530	0.0520	0.0523
August	0.0539	0.0521	0.0525
September	0.0529	0.0523	0.0527
October	0.0529	0.0523	0.0526
November	0.0530	0.0523	0.0528
December	0.0537	0.0530	0.0534