2020 MKD to VND Historical Review

YEARLY HIGH

462.1467 VND

YEARLY LOW

404.8138 VND

YEARLY AVERAGE

430.0497 VND

2020 MKD to VND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 462.1467. Conversely, the yearly low was recorded on May 2, dropping to 404.8138.

This high-to-low spread represents a total annual volatility of 57.3329 VND. From a start-to-finish perspective, comparing the January average rate of 418.3629 to the December average rate of 456.5288, the exchange rate registered a net change of 9.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 462.1467 was up 6.13% compared to the 2019 peak of 435.4675, 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 2,310,734 VND

2019 Average 2,112,690 VND

Yearly Trough Low 2,024,069 VND

Transaction Impact: A difference of 286,664.53 VND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

461.0453

406.8473

JanuMarcMayJulySeptNove

MKD to VND 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 416.2852, compared to 443.8143 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.5291 points.

H1 Avg (Jan–Jun) 416.2852

H2 Avg (Jul–Dec) 443.8143

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 23.6090 VND (High: 445.5327 / Low: 421.9237). On the other end, October was the most stable month, with a tight range of 6.9758 VND (High: 446.4824 / Low: 439.5066).

July Spread (Volatile) ±23.6090

October Spread (Stable) ±6.9758

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 6.9991 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.9991

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 456.5288) against the same month in 2019 (average: 418.6380), the exchange rate shifted by +37.8908 (+9.05%).

2020 Avg (December) 456.5288

2019 Avg (December) 418.6380

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	422.9147	414.3729	418.3629
February	417.1858	406.8347	411.3638
March	430.7212	407.1771	418.5141
April	421.3187	410.3373	413.3095
May	421.5472	404.8138	412.1317
June	428.3281	417.6895	424.0291
July	445.5327	421.9237	430.1596
August	448.9275	441.0655	444.6729
September	450.6275	436.7602	443.8744
October	446.4824	439.5066	442.6193
November	449.9692	438.2282	445.0308
December	462.1467	445.4620	456.5288