2020 TRY to MKD Historical Review

YEARLY HIGH

9.4292 MKD

YEARLY LOW

6.0936 MKD

YEARLY AVERAGE

7.7960 MKD

2020 TRY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 9.4292. Conversely, the yearly low was recorded on November 7, dropping to 6.0936.

This high-to-low spread represents a total annual volatility of 3.3357 MKD. From a start-to-finish perspective, comparing the January average rate of 9.3484 to the December average rate of 6.5753, the exchange rate registered a net change of -29.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 9.4292 was down 9.21% compared to the 2019 peak of 10.3855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 471,462 MKD

2019 Average 484,172 MKD

Yearly Trough Low 304,678 MKD

Transaction Impact: A difference of 166,783.93 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

9.6289

6.2639

JanuMarcMayJulySeptNove

TRY 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 8.6537, compared to 6.9383 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7153 points.

H1 Avg (Jan–Jun) 8.6537

H2 Avg (Jul–Dec) 6.9383

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.7853 MKD (High: 6.8789 / Low: 6.0936). On the other end, January was the most stable month, with a tight range of 0.2304 MKD (High: 9.4292 / Low: 9.1989).

November Spread (Volatile) ±0.7853

January Spread (Stable) ±0.2304

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 July and August, when the average rate fell by 0.6716 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.6716

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 9.3484) against the same month in 2019 (average: 10.0731), the exchange rate shifted by -0.7246 (-7.19%).

2020 Avg (January) 9.3484

2019 Avg (January) 10.0731

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	9.4292	9.1989	9.3484
February	9.4086	8.9904	9.3074
March	9.1013	8.4740	8.7849
April	8.4977	8.1155	8.2843
May	8.3407	7.9276	8.1615
June	8.2255	7.9624	8.0356
July	8.0001	7.4618	7.8337
August	7.5358	7.0031	7.1621
September	7.0472	6.7108	6.9246
October	6.7796	6.3094	6.5900
November	6.8789	6.0936	6.5443
December	6.8014	6.4313	6.5753

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा