YEARLY HIGH
0.0539 XCD
YEARLY LOW
0.0470 XCD
YEARLY AVERAGE
0.0501 XCD

2020 MKD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0539. Conversely, the yearly low was recorded on March 22, dropping to 0.0470.

This high-to-low spread represents a total annual volatility of 0.0069 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0488 to the December average rate of 0.0534, the exchange rate registered a net change of 9.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0539 was up 6.93% compared to the 2019 peak of 0.0505, 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 XCD
2019 Average 246 XCD
Yearly Trough Low 235 XCD
Transaction Impact: A difference of 34.67 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0540
0.0471
JanuMarcMayJulySeptNove

MKD to XCD 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 0.0483, compared to 0.0518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0483
H2 Avg (Jul–Dec) 0.0518

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0031 XCD (High: 0.0501 / Low: 0.0470). On the other end, October was the most stable month, with a tight range of 0.0008 XCD (High: 0.0520 / Low: 0.0513).

March Spread (Volatile) ±0.0031
October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0534) against the same month in 2019 (average: 0.0488), the exchange rate shifted by +0.0046 (+9.32%).

2020 Avg (December) 0.0534
2019 Avg (December) 0.0488

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0493 0.0484 0.0488
February 0.0485 0.0473 0.0479
March 0.0501 0.0470 0.0485
April 0.0482 0.0473 0.0476
May 0.0488 0.0473 0.0478
June 0.0498 0.0488 0.0493
July 0.0519 0.0493 0.0502
August 0.0524 0.0515 0.0519
September 0.0523 0.0510 0.0517
October 0.0520 0.0513 0.0516
November 0.0523 0.0511 0.0519
December 0.0539 0.0525 0.0534