2020 MKD to XOF Historical Review

YEARLY HIGH

10.8429 XOF

YEARLY LOW

10.3836 XOF

YEARLY AVERAGE

10.6410 XOF

2020 MKD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 10.8429. Conversely, the yearly low was recorded on March 28, dropping to 10.3836.

This high-to-low spread represents a total annual volatility of 0.4593 XOF. From a start-to-finish perspective, comparing the January average rate of 10.6662 to the December average rate of 10.6431, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 10.8429 was up 0.57% compared to the 2019 peak of 10.7817, 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 54,215 XOF

2019 Average 53,294 XOF

Yearly Trough Low 51,918 XOF

Transaction Impact: A difference of 2,296.57 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10.6705

10.6179

JanuMarcMayJulySeptNove

MKD to XOF 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 10.6400, compared to 10.6420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 10.6400

H2 Avg (Jul–Dec) 10.6420

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4593 XOF (High: 10.8429 / Low: 10.3836). On the other end, September was the most stable month, with a tight range of 0.0683 XOF (High: 10.6796 / Low: 10.6113).

March Spread (Volatile) ±0.4593

September Spread (Stable) ±0.0683

Growth Streaks & Declines

Trends

Between July and September, 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 January and February, when the average rate fell by 0.0227 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 10.6303) against the same month in 2019 (average: 10.6673), the exchange rate shifted by -0.0371 (-0.35%).

2020 Avg (March) 10.6303

2019 Avg (March) 10.6673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.7108	10.6064	10.6662
February	10.6698	10.5982	10.6435
March	10.8429	10.3836	10.6303
April	10.7272	10.5637	10.6381
May	10.6682	10.4215	10.6223
June	10.7099	10.5113	10.6398
July	10.7039	10.5358	10.6380
August	10.7039	10.5664	10.6400
September	10.6796	10.6113	10.6489
October	10.7180	10.6198	10.6445
November	10.6885	10.6027	10.6375
December	10.7001	10.5547	10.6431