YEARLY HIGH
14.5642 MKD
YEARLY LOW
13.2309 MKD
YEARLY AVERAGE
13.8776 MKD

2020 PLN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PLN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 14.5642. Conversely, the yearly low was recorded on October 29, dropping to 13.2309.

This high-to-low spread represents a total annual volatility of 1.3333 MKD. From a start-to-finish perspective, comparing the January average rate of 14.4770 to the December average rate of 13.7670, the exchange rate registered a net change of -4.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 14.5642 was down 0.24% compared to the 2019 peak of 14.5988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291,285 MKD
2019 Average 286,398 MKD
Yearly Trough Low 264,619 MKD
Transaction Impact: A difference of 26,666.06 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.5683
13.4733
JanuMarcMayJulySeptNove

PLN 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 13.9730, compared to 13.7822 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1908 points.

H1 Avg (Jan–Jun) 13.9730
H2 Avg (Jul–Dec) 13.7822

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.1146 MKD (High: 14.3505 / Low: 13.2359). On the other end, January was the most stable month, with a tight range of 0.2128 MKD (High: 14.5642 / Low: 14.3514).

March Spread (Volatile) ±1.1146
January Spread (Stable) ±0.2128

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.4923 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 14.4770) against the same month in 2019 (average: 14.3668), the exchange rate shifted by +0.1102 (+0.77%).

2020 Avg (January) 14.4770
2019 Avg (January) 14.3668

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.5642 14.3514 14.4770
February 14.5131 14.2824 14.4001
March 14.3505 13.2359 13.9078
April 13.6658 13.3870 13.5646
May 13.9185 13.4701 13.6184
June 14.0724 13.7030 13.8699
July 14.1200 13.7191 13.8582
August 14.1456 13.8530 14.0020
September 14.0474 13.4438 13.7643
October 13.8230 13.2309 13.5834
November 13.8068 13.3203 13.7182
December 13.9701 13.4502 13.7670