YEARLY HIGH
0.0139 XDR
YEARLY LOW
0.0128 XDR
YEARLY AVERAGE
0.0133 XDR

2020 MKD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0139. Conversely, the yearly low was recorded on February 18, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0010 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0137, the exchange rate registered a net change of 4.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0139 was up 3.78% compared to the 2019 peak of 0.0134, 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 69 XDR
2019 Average 66 XDR
Yearly Trough Low 64 XDR
Transaction Impact: A difference of 5.17 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0138
0.0128
JanuMarcMayJulySeptNove

MKD to XDR 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 0.0130, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0130
H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0004 XDR (High: 0.0136 / Low: 0.0132). On the other end, June was the most stable month, with a tight range of 0.0002 XDR (High: 0.0133 / Low: 0.0132).

July Spread (Volatile) ±0.0004
June Spread (Stable) ±0.0002

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 March and April, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0137) against the same month in 2019 (average: 0.0131), the exchange rate shifted by +0.0006 (+4.80%).

2020 Avg (December) 0.0137
2019 Avg (December) 0.0131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0130 0.0131
February 0.0130 0.0128 0.0129
March 0.0133 0.0129 0.0131
April 0.0130 0.0128 0.0129
May 0.0132 0.0129 0.0130
June 0.0133 0.0132 0.0132
July 0.0136 0.0132 0.0134
August 0.0137 0.0135 0.0136
September 0.0136 0.0134 0.0135
October 0.0136 0.0134 0.0135
November 0.0136 0.0134 0.0135
December 0.0139 0.0136 0.0137