YEARLY HIGH
0.0088 MKD
YEARLY LOW
0.0072 MKD
YEARLY AVERAGE
0.0080 MKD

2020 PYG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PYG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 0.0088. Conversely, the yearly low was recorded on December 5, dropping to 0.0072.

This high-to-low spread represents a total annual volatility of 0.0016 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0073, the exchange rate registered a net change of -14.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0088 was down 4.86% compared to the 2019 peak of 0.0093, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44 MKD
2019 Average 44 MKD
Yearly Trough Low 36 MKD
Transaction Impact: A difference of 8.03 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0089
0.0071
JanuMarcMayJulySeptNove

PYG 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 0.0085, compared to 0.0075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0085
H2 Avg (Jul–Dec) 0.0075

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0006 MKD (High: 0.0081 / Low: 0.0075). On the other end, January was the most stable month, with a tight range of 0.0001 MKD (High: 0.0086 / Low: 0.0085).

July Spread (Volatile) ±0.0006
January Spread (Stable) ±0.0001

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 May and June, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0087) against the same month in 2019 (average: 0.0088), the exchange rate shifted by -0.0001 (-0.94%).

2020 Avg (April) 0.0087
2019 Avg (April) 0.0088

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0086 0.0085 0.0085
February 0.0088 0.0085 0.0087
March 0.0087 0.0082 0.0085
April 0.0088 0.0086 0.0087
May 0.0088 0.0083 0.0086
June 0.0083 0.0081 0.0082
July 0.0081 0.0075 0.0078
August 0.0076 0.0074 0.0075
September 0.0076 0.0074 0.0075
October 0.0075 0.0074 0.0075
November 0.0075 0.0073 0.0074
December 0.0075 0.0072 0.0073