YEARLY HIGH
1.9725 XPF
YEARLY LOW
1.8890 XPF
YEARLY AVERAGE
1.9358 XPF

2020 MKD to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 1.9725. Conversely, the yearly low was recorded on March 28, dropping to 1.8890.

This high-to-low spread represents a total annual volatility of 0.0836 XPF. From a start-to-finish perspective, comparing the January average rate of 1.9404 to the December average rate of 1.9362, 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 1.9725 was up 0.57% compared to the 2019 peak of 1.9614, 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 9,863 XPF
2019 Average 9,695 XPF
Yearly Trough Low 9,445 XPF
Transaction Impact: A difference of 417.79 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9412
1.9316
JanuMarcMayJulySeptNove

MKD to XPF 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 1.9356, compared to 1.9360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 1.9356
H2 Avg (Jul–Dec) 1.9360

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0836 XPF (High: 1.9725 / Low: 1.8890). On the other end, September was the most stable month, with a tight range of 0.0124 XPF (High: 1.9428 / Low: 1.9304).

March Spread (Volatile) ±0.0836
September Spread (Stable) ±0.0124

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 0.0041 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.9339) against the same month in 2019 (average: 1.9406), the exchange rate shifted by -0.0067 (-0.35%).

2020 Avg (March) 1.9339
2019 Avg (March) 1.9406

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9485 1.9295 1.9404
February 1.9411 1.9280 1.9363
March 1.9725 1.8890 1.9339
April 1.9515 1.9218 1.9353
May 1.9408 1.8959 1.9324
June 1.9483 1.9122 1.9356
July 1.9472 1.9167 1.9353
August 1.9472 1.9222 1.9356
September 1.9428 1.9304 1.9372
October 1.9498 1.9320 1.9364
November 1.9445 1.9288 1.9352
December 1.9466 1.9201 1.9362