YEARLY HIGH
0.0510 WST
YEARLY LOW
0.0468 WST
YEARLY AVERAGE
0.0493 WST

2020 MKD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.0510. Conversely, the yearly low was recorded on February 18, dropping to 0.0468.

This high-to-low spread represents a total annual volatility of 0.0042 WST. From a start-to-finish perspective, comparing the January average rate of 0.0475 to the December average rate of 0.0504, the exchange rate registered a net change of 6.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0510 was up 4.21% compared to the 2019 peak of 0.0489, 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 255 WST
2019 Average 239 WST
Yearly Trough Low 234 WST
Transaction Impact: A difference of 20.98 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0507
0.0471
JanuMarcMayJulySeptNove

MKD to WST 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 0.0485, compared to 0.0500 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) 0.0485
H2 Avg (Jul–Dec) 0.0500

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0022 WST (High: 0.0504 / Low: 0.0482). On the other end, January was the most stable month, with a tight range of 0.0007 WST (High: 0.0479 / Low: 0.0472).

July Spread (Volatile) ±0.0022
January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.0503) against the same month in 2019 (average: 0.0476), the exchange rate shifted by +0.0026 (+5.52%).

2020 Avg (October) 0.0503
2019 Avg (October) 0.0476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0479 0.0472 0.0475
February 0.0481 0.0468 0.0474
March 0.0497 0.0480 0.0488
April 0.0497 0.0484 0.0489
May 0.0499 0.0484 0.0489
June 0.0505 0.0485 0.0493
July 0.0504 0.0482 0.0493
August 0.0509 0.0498 0.0503
September 0.0506 0.0494 0.0501
October 0.0510 0.0496 0.0503
November 0.0504 0.0495 0.0499
December 0.0507 0.0499 0.0504