2020 MYR to MKD Historical Review

YEARLY HIGH

13.7359 MKD

YEARLY LOW

12.2704 MKD

YEARLY AVERAGE

12.8696 MKD

2020 MYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 13.7359. Conversely, the yearly low was recorded on August 2, dropping to 12.2704.

This high-to-low spread represents a total annual volatility of 1.4656 MKD. From a start-to-finish perspective, comparing the January average rate of 13.5818 to the December average rate of 12.4818, the exchange rate registered a net change of -8.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.7359 was up 1.60% compared to the 2019 peak of 13.5193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 274,718 MKD

2019 Average 265,406 MKD

Yearly Trough Low 245,407 MKD

Transaction Impact: A difference of 29,311.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.6958

12.3288

JanuMarcMayJulySeptNove

MYR 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 13.1699, compared to 12.5693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6005 points.

H1 Avg (Jan–Jun) 13.1699

H2 Avg (Jul–Dec) 12.5693

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.5362 MKD (High: 12.8068 / Low: 12.2707). On the other end, November was the most stable month, with a tight range of 0.1489 MKD (High: 12.7316 / Low: 12.5827).

July Spread (Volatile) ±0.5362

November Spread (Stable) ±0.1489

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 13.5818) against the same month in 2019 (average: 13.1136), the exchange rate shifted by +0.4683 (+3.57%).

2020 Avg (January) 13.5818

2019 Avg (January) 13.1136

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.7359	13.3866	13.5818
February	13.7280	13.3202	13.5758
March	13.3202	12.7840	12.9758
April	13.1999	12.9099	13.0450
May	13.2105	12.7358	13.0229
June	12.9035	12.7221	12.8178
July	12.8068	12.2707	12.6187
August	12.5169	12.2704	12.4427
September	12.7176	12.4670	12.5954
October	12.6951	12.5125	12.6136
November	12.7316	12.5827	12.6637
December	12.6347	12.3899	12.4818