2020 CDF to MKD Historical Review

YEARLY HIGH

0.0341 MKD

YEARLY LOW

0.0254 MKD

YEARLY AVERAGE

0.0294 MKD

2020 CDF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.0341. Conversely, the yearly low was recorded on December 30, dropping to 0.0254.

This high-to-low spread represents a total annual volatility of 0.0087 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0328 to the December average rate of 0.0260, the exchange rate registered a net change of -20.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0341 was up 0.37% compared to the 2019 peak of 0.0339, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 170 MKD

2019 Average 166 MKD

Yearly Trough Low 127 MKD

Transaction Impact: A difference of 43.30 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0341

0.0252

JanuMarcMayJulySeptNove

CDF 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 0.0321, compared to 0.0267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0321

H2 Avg (Jul–Dec) 0.0267

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0087 MKD (High: 0.0341 / Low: 0.0254). On the other end, September was the most stable month, with a tight range of 0.0006 MKD (High: 0.0269 / Low: 0.0264).

December Spread (Volatile) ±0.0087

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.0024 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0260) against the same month in 2019 (average: 0.0330), the exchange rate shifted by -0.0070 (-21.27%).

2020 Avg (December) 0.0260

2019 Avg (December) 0.0330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0331	0.0325	0.0328
February	0.0338	0.0330	0.0334
March	0.0337	0.0317	0.0327
April	0.0334	0.0326	0.0330
May	0.0329	0.0304	0.0316
June	0.0303	0.0285	0.0293
July	0.0287	0.0265	0.0277
August	0.0269	0.0262	0.0265
September	0.0269	0.0264	0.0266
October	0.0289	0.0265	0.0269
November	0.0269	0.0262	0.0265
December	0.0341	0.0254	0.0260

2020 CDF నుండి MKD చారిత్రక సమీక్ష