2020 MNT to MKD Historical Review

YEARLY HIGH

0.0208 MKD

YEARLY LOW

0.0175 MKD

YEARLY AVERAGE

0.0193 MKD

2020 MNT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MNT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0208. Conversely, the yearly low was recorded on December 30, dropping to 0.0175.

This high-to-low spread represents a total annual volatility of 0.0033 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0205 to the December average rate of 0.0177, the exchange rate registered a net change of -13.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0208 was down 7.74% compared to the 2019 peak of 0.0226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104 MKD

2019 Average 107 MKD

Yearly Trough Low 88 MKD

Transaction Impact: A difference of 16.41 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0208

0.0175

JanuMarcMayJulySeptNove

MNT 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 0.0202, compared to 0.0183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0202

H2 Avg (Jul–Dec) 0.0183

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0013 MKD (High: 0.0208 / Low: 0.0196). On the other end, October was the most stable month, with a tight range of 0.0003 MKD (High: 0.0186 / Low: 0.0182).

March Spread (Volatile) ±0.0013

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0202) against the same month in 2019 (average: 0.0219), the exchange rate shifted by -0.0017 (-7.91%).

2020 Avg (March) 0.0202

2019 Avg (March) 0.0219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0207	0.0203	0.0205
February	0.0207	0.0204	0.0206
March	0.0208	0.0196	0.0202
April	0.0206	0.0202	0.0204
May	0.0205	0.0197	0.0202
June	0.0197	0.0193	0.0195
July	0.0194	0.0183	0.0190
August	0.0184	0.0181	0.0183
September	0.0185	0.0181	0.0183
October	0.0186	0.0182	0.0184
November	0.0185	0.0181	0.0183
December	0.0180	0.0175	0.0177