YEARLY HIGH
0.9071 MKD
YEARLY LOW
0.6569 MKD
YEARLY AVERAGE
0.7527 MKD

2020 RUB to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RUB to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.9071. Conversely, the yearly low was recorded on November 2, dropping to 0.6569.

This high-to-low spread represents a total annual volatility of 0.2502 MKD. From a start-to-finish perspective, comparing the January average rate of 0.8952 to the December average rate of 0.6844, the exchange rate registered a net change of -23.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9071 was up 1.12% compared to the 2019 peak of 0.8971, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,535 MKD
2019 Average 4,250 MKD
Yearly Trough Low 3,284 MKD
Transaction Impact: A difference of 1,251.04 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9172
0.6531
JanuMarcMayJulySeptNove

RUB 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 0.8082, compared to 0.6971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1111 points.

H1 Avg (Jan–Jun) 0.8082
H2 Avg (Jul–Dec) 0.6971

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1429 MKD (High: 0.8358 / Low: 0.6929). On the other end, October was the most stable month, with a tight range of 0.0196 MKD (High: 0.6827 / Low: 0.6631).

March Spread (Volatile) ±0.1429
October Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between March and June, 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 0.1299 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.8952) against the same month in 2019 (average: 0.8091), the exchange rate shifted by +0.0861 (+10.64%).

2020 Avg (January) 0.8952
2019 Avg (January) 0.8091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9071 0.8713 0.8952
February 0.8964 0.8410 0.8798
March 0.8358 0.6929 0.7499
April 0.7751 0.7159 0.7574
May 0.7933 0.7459 0.7766
June 0.8038 0.7706 0.7904
July 0.7777 0.6994 0.7528
August 0.7179 0.6887 0.7056
September 0.7026 0.6643 0.6873
October 0.6827 0.6631 0.6751
November 0.6866 0.6569 0.6774
December 0.6957 0.6673 0.6844