2020 RON to MKD Historical Review

YEARLY HIGH

13.0291 MKD

YEARLY LOW

12.4795 MKD

YEARLY AVERAGE

12.7403 MKD

2020 RON to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 13.0291. Conversely, the yearly low was recorded on March 19, dropping to 12.4795.

This high-to-low spread represents a total annual volatility of 0.5496 MKD. From a start-to-finish perspective, comparing the January average rate of 12.8697 to the December average rate of 12.6534, the exchange rate registered a net change of -1.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.0291 was down 2.25% compared to the 2019 peak of 13.3289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,145 MKD

2019 Average 64,827 MKD

Yearly Trough Low 62,397 MKD

Transaction Impact: A difference of 2,747.92 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.9130

12.6198

JanuMarcMayJulySeptNove

RON 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 12.7932, compared to 12.6875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1056 points.

H1 Avg (Jan–Jun) 12.7932

H2 Avg (Jul–Dec) 12.6875

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.5496 MKD (High: 13.0291 / Low: 12.4795). On the other end, November was the most stable month, with a tight range of 0.1057 MKD (High: 12.7151 / Low: 12.6095).

March Spread (Volatile) ±0.5496

November Spread (Stable) ±0.1057

Growth Streaks & Declines

Trends

Between June and August, 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 0.1304 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 12.7582) against the same month in 2019 (average: 12.9288), the exchange rate shifted by -0.1706 (-1.32%).

2020 Avg (March) 12.7582

2019 Avg (March) 12.9288

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9393	12.8167	12.8697
February	12.9600	12.8022	12.8886
March	13.0291	12.4795	12.7582
April	12.8361	12.6444	12.7511
May	12.8719	12.6886	12.7497
June	12.9015	12.6518	12.7417
July	12.8832	12.6781	12.7452
August	12.8261	12.6781	12.7475
September	12.7356	12.6189	12.6739
October	12.6782	12.5545	12.6442
November	12.7151	12.6095	12.6609
December	12.7616	12.5973	12.6534