2020 MUR to MKD Historical Review

YEARLY HIGH

1.5315 MKD

YEARLY LOW

1.2643 MKD

YEARLY AVERAGE

1.3805 MKD

2020 MUR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 1.5315. Conversely, the yearly low was recorded on December 31, dropping to 1.2643.

This high-to-low spread represents a total annual volatility of 0.2672 MKD. From a start-to-finish perspective, comparing the January average rate of 1.5139 to the December average rate of 1.2785, the exchange rate registered a net change of -15.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.5315 was down 3.89% compared to the 2019 peak of 1.5935, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,657 MKD

2019 Average 7,727 MKD

Yearly Trough Low 6,321 MKD

Transaction Impact: A difference of 1,336.00 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.5408

1.2546

JanuMarcMayJulySeptNove

MUR 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 1.4496, compared to 1.3113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1383 points.

H1 Avg (Jan–Jun) 1.4496

H2 Avg (Jul–Dec) 1.3113

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0871 MKD (High: 1.4889 / Low: 1.4018). On the other end, January was the most stable month, with a tight range of 0.0175 MKD (High: 1.5203 / Low: 1.5028).

March Spread (Volatile) ±0.0871

January Spread (Stable) ±0.0175

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 February and March, when the average rate fell by 0.0661 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.5170) against the same month in 2019 (average: 1.5833), the exchange rate shifted by -0.0664 (-4.19%).

2020 Avg (February) 1.5170

2019 Avg (February) 1.5833

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5203	1.5028	1.5139
February	1.5315	1.4889	1.5170
March	1.4889	1.4018	1.4508
April	1.4443	1.4127	1.4303
May	1.4320	1.3770	1.4153
June	1.3895	1.3535	1.3705
July	1.3758	1.3095	1.3469
August	1.3203	1.2983	1.3121
September	1.3301	1.3041	1.3134
October	1.3211	1.2953	1.3128
November	1.3208	1.2928	1.3042
December	1.2917	1.2643	1.2785