2020 MKD to PHP Historical Review

YEARLY HIGH

0.9587 PHP

YEARLY LOW

0.8797 PHP

YEARLY AVERAGE

0.9181 PHP

2020 MKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.9587. Conversely, the yearly low was recorded on May 2, dropping to 0.8797.

This high-to-low spread represents a total annual volatility of 0.0790 PHP. From a start-to-finish perspective, comparing the January average rate of 0.9178 to the December average rate of 0.9497, the exchange rate registered a net change of 3.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9587 was down 2.33% compared to the 2019 peak of 0.9816, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,793 PHP

2019 Average 4,710 PHP

Yearly Trough Low 4,399 PHP

Transaction Impact: A difference of 394.80 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9554

0.8871

JanuMarcMayJulySeptNove

MKD to PHP 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 0.9054, compared to 0.9308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0255 points.

H1 Avg (Jan–Jun) 0.9054

H2 Avg (Jul–Dec) 0.9308

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0469 PHP (High: 0.9377 / Low: 0.8909). On the other end, October was the most stable month, with a tight range of 0.0160 PHP (High: 0.9346 / Low: 0.9187).

March Spread (Volatile) ±0.0469

October Spread (Stable) ±0.0160

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0209 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.9497) against the same month in 2019 (average: 0.9172), the exchange rate shifted by +0.0325 (+3.55%).

2020 Avg (December) 0.9497

2019 Avg (December) 0.9172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9304	0.9095	0.9178
February	0.9155	0.8878	0.9000
March	0.9377	0.8909	0.9137
April	0.9042	0.8859	0.8928
May	0.9110	0.8797	0.8942
June	0.9238	0.9049	0.9137
July	0.9453	0.9030	0.9182
August	0.9462	0.9276	0.9359
September	0.9402	0.9149	0.9283
October	0.9346	0.9187	0.9262
November	0.9315	0.9152	0.9268
December	0.9587	0.9325	0.9497

2020 MKD నుండి PHP చారిత్రక సమీక్ష