2020 MKD to UAH Historical Review

YEARLY HIGH

0.5657 UAH

YEARLY LOW

0.4286 UAH

YEARLY AVERAGE

0.5001 UAH

2020 MKD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5657. Conversely, the yearly low was recorded on February 20, dropping to 0.4286.

This high-to-low spread represents a total annual volatility of 0.1371 UAH. From a start-to-finish perspective, comparing the January average rate of 0.4364 to the December average rate of 0.5564, the exchange rate registered a net change of 27.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5657 was up 7.19% compared to the 2019 peak of 0.5277, 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 2,828 UAH

2019 Average 2,350 UAH

Yearly Trough Low 2,143 UAH

Transaction Impact: A difference of 685.27 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5684

0.4234

JanuMarcMayJulySeptNove

MKD to UAH 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 0.4647, compared to 0.5356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0709 points.

H1 Avg (Jan–Jun) 0.4647

H2 Avg (Jul–Dec) 0.5356

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0649 UAH (High: 0.5032 / Low: 0.4383). On the other end, October was the most stable month, with a tight range of 0.0056 UAH (High: 0.5444 / Low: 0.5389).

March Spread (Volatile) ±0.0649

October Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0048 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5564) against the same month in 2019 (average: 0.4256), the exchange rate shifted by +0.1307 (+30.72%).

2020 Avg (December) 0.5564

2019 Avg (December) 0.4256

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4494	0.4295	0.4364
February	0.4494	0.4286	0.4355
March	0.5032	0.4383	0.4756
April	0.4916	0.4732	0.4791
May	0.4848	0.4677	0.4742
June	0.4910	0.4830	0.4872
July	0.5327	0.4868	0.5080
August	0.5343	0.5241	0.5280
September	0.5414	0.5318	0.5361
October	0.5444	0.5389	0.5412
November	0.5518	0.5391	0.5439
December	0.5657	0.5469	0.5564