2020 MWK to MKD Historical Review

YEARLY HIGH

0.0784 MKD

YEARLY LOW

0.0651 MKD

YEARLY AVERAGE

0.0727 MKD

2020 MWK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0784. Conversely, the yearly low was recorded on December 30, dropping to 0.0651.

This high-to-low spread represents a total annual volatility of 0.0133 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0752 to the December average rate of 0.0660, the exchange rate registered a net change of -12.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0784 was up 0.73% compared to the 2019 peak of 0.0778, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 392 MKD

2019 Average 374 MKD

Yearly Trough Low 325 MKD

Transaction Impact: A difference of 66.53 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0782

0.0649

JanuMarcMayJulySeptNove

MWK 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 0.0760, compared to 0.0694 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.0760

H2 Avg (Jul–Dec) 0.0694

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0051 MKD (High: 0.0784 / Low: 0.0733). On the other end, October was the most stable month, with a tight range of 0.0013 MKD (High: 0.0702 / Low: 0.0689).

March Spread (Volatile) ±0.0051

October Spread (Stable) ±0.0013

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 0.0031 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0757) against the same month in 2019 (average: 0.0750), the exchange rate shifted by +0.0008 (+1.01%).

2020 Avg (March) 0.0757

2019 Avg (March) 0.0750

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0760	0.0741	0.0752
February	0.0778	0.0757	0.0769
March	0.0784	0.0733	0.0757
April	0.0779	0.0761	0.0771
May	0.0776	0.0750	0.0768
June	0.0748	0.0735	0.0743
July	0.0747	0.0701	0.0730
August	0.0710	0.0690	0.0699
September	0.0705	0.0691	0.0697
October	0.0702	0.0689	0.0695
November	0.0702	0.0676	0.0685
December	0.0674	0.0651	0.0660