2020 MRO to MKD Historical Review

YEARLY HIGH

0.1610 MKD

YEARLY LOW

0.1403 MKD

YEARLY AVERAGE

0.1515 MKD

2020 MRO to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.1610. Conversely, the yearly low was recorded on December 30, dropping to 0.1403.

This high-to-low spread represents a total annual volatility of 0.0207 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1551 to the December average rate of 0.1418, the exchange rate registered a net change of -8.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1610 was up 1.86% compared to the 2019 peak of 0.1581, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 805 MKD

2019 Average 770 MKD

Yearly Trough Low 702 MKD

Transaction Impact: A difference of 103.49 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1606

0.1401

JanuMarcMayJulySeptNove

MRO 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 0.1567, compared to 0.1462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.1567

H2 Avg (Jul–Dec) 0.1462

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0100 MKD (High: 0.1610 / Low: 0.1510). On the other end, October was the most stable month, with a tight range of 0.0022 MKD (High: 0.1477 / Low: 0.1455).

March Spread (Volatile) ±0.0100

October Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0048 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1561) against the same month in 2019 (average: 0.1524), the exchange rate shifted by +0.0037 (+2.42%).

2020 Avg (March) 0.1561

2019 Avg (March) 0.1524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1565	0.1536	0.1551
February	0.1600	0.1561	0.1581
March	0.1610	0.1510	0.1561
April	0.1602	0.1571	0.1589
May	0.1599	0.1551	0.1583
June	0.1550	0.1519	0.1535
July	0.1537	0.1457	0.1508
August	0.1470	0.1446	0.1460
September	0.1483	0.1448	0.1464
October	0.1477	0.1455	0.1467
November	0.1483	0.1447	0.1458
December	0.1442	0.1403	0.1418