2020 MXN to MKD Historical Review

YEARLY HIGH

3.0702 MKD

YEARLY LOW

2.2621 MKD

YEARLY AVERAGE

2.5324 MKD

2020 MXN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 3.0702. Conversely, the yearly low was recorded on April 5, dropping to 2.2621.

This high-to-low spread represents a total annual volatility of 0.8081 MKD. From a start-to-finish perspective, comparing the January average rate of 2.9457 to the December average rate of 2.5380, the exchange rate registered a net change of -13.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.0702 was up 4.87% compared to the 2019 peak of 2.9276, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 153,510 MKD

2019 Average 142,796 MKD

Yearly Trough Low 113,107 MKD

Transaction Impact: A difference of 40,403.18 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.0616

2.2788

JanuMarcMayJulySeptNove

MXN 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 2.6100, compared to 2.4547 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1553 points.

H1 Avg (Jan–Jun) 2.6100

H2 Avg (Jul–Dec) 2.4547

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.5858 MKD (High: 2.8522 / Low: 2.2664). On the other end, December was the most stable month, with a tight range of 0.0669 MKD (High: 2.5744 / Low: 2.5074).

March Spread (Volatile) ±0.5858

December Spread (Stable) ±0.0669

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 February and March, when the average rate fell by 0.4867 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4867

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.9964) against the same month in 2019 (average: 2.8297), the exchange rate shifted by +0.1666 (+5.89%).

2020 Avg (February) 2.9964

2019 Avg (February) 2.8297

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9874	2.8993	2.9457
February	3.0702	2.8616	2.9964
March	2.8522	2.2664	2.5096
April	2.4311	2.2621	2.3441
May	2.5275	2.2660	2.4113
June	2.5508	2.3771	2.4533
July	2.4510	2.3349	2.4028
August	2.3968	2.3068	2.3525
September	2.4895	2.3440	2.4170
October	2.4938	2.4010	2.4652
November	2.5888	2.4764	2.5527
December	2.5744	2.5074	2.5380

2020 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு