2020 PKR to MKD Historical Review

YEARLY HIGH

0.3701 MKD

YEARLY LOW

0.3072 MKD

YEARLY AVERAGE

0.3346 MKD

2020 PKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.3701. Conversely, the yearly low was recorded on August 18, dropping to 0.3072.

This high-to-low spread represents a total annual volatility of 0.0628 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3580 to the December average rate of 0.3159, the exchange rate registered a net change of -11.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3701 was down 5.93% compared to the 2019 peak of 0.3934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 185,034 MKD

2019 Average 183,437 MKD

Yearly Trough Low 153,609 MKD

Transaction Impact: A difference of 31,424.99 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3713

0.3045

JanuMarcMayJulySeptNove

PKR 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 0.3506, compared to 0.3185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0321 points.

H1 Avg (Jan–Jun) 0.3506

H2 Avg (Jul–Dec) 0.3185

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0275 MKD (High: 0.3637 / Low: 0.3363). On the other end, August was the most stable month, with a tight range of 0.0064 MKD (High: 0.3136 / Low: 0.3072).

March Spread (Volatile) ±0.0275

August Spread (Stable) ±0.0064

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 May and June, when the average rate fell by 0.0216 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0216

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.3657) against the same month in 2019 (average: 0.3895), the exchange rate shifted by -0.0238 (-6.12%).

2020 Avg (February) 0.3657

2019 Avg (February) 0.3895

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3617	0.3523	0.3580
February	0.3701	0.3609	0.3657
March	0.3637	0.3363	0.3521
April	0.3573	0.3365	0.3448
May	0.3586	0.3401	0.3524
June	0.3395	0.3260	0.3308
July	0.3284	0.3104	0.3219
August	0.3136	0.3072	0.3100
September	0.3197	0.3125	0.3148
October	0.3286	0.3176	0.3216
November	0.3305	0.3232	0.3267
December	0.3226	0.3122	0.3159