2020 MMK to MKD Historical Review

YEARLY HIGH

0.0411 MKD

YEARLY LOW

0.0367 MKD

YEARLY AVERAGE

0.0393 MKD

2020 MMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 0.0411. Conversely, the yearly low was recorded on December 15, dropping to 0.0367.

This high-to-low spread represents a total annual volatility of 0.0045 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0377 to the December average rate of 0.0379, the exchange rate registered a net change of 0.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0411 was up 10.52% compared to the 2019 peak of 0.0372, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 206 MKD

2019 Average 181 MKD

Yearly Trough Low 183 MKD

Transaction Impact: A difference of 22.25 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0408

0.0374

JanuMarcMayJulySeptNove

MMK to MKD 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 0.0393, compared to 0.0393 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0393

H2 Avg (Jul–Dec) 0.0393

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0023 MKD (High: 0.0390 / Low: 0.0367). On the other end, October was the most stable month, with a tight range of 0.0008 MKD (High: 0.0410 / Low: 0.0401).

December Spread (Volatile) ±0.0023

October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0022 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.0401) against the same month in 2019 (average: 0.0367), the exchange rate shifted by +0.0033 (+9.03%).

2020 Avg (November) 0.0401

2019 Avg (November) 0.0367

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0382	0.0370	0.0377
February	0.0394	0.0381	0.0389
March	0.0408	0.0387	0.0398
April	0.0407	0.0390	0.0399
May	0.0410	0.0395	0.0403
June	0.0400	0.0388	0.0393
July	0.0402	0.0381	0.0393
August	0.0389	0.0381	0.0384
September	0.0405	0.0388	0.0396
October	0.0410	0.0401	0.0405
November	0.0411	0.0393	0.0401
December	0.0390	0.0367	0.0379