2020 UAH to MKD Historical Review

YEARLY HIGH

2.3330 MKD

YEARLY LOW

1.7678 MKD

YEARLY AVERAGE

2.0131 MKD

2020 UAH to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the UAH to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 2.3330. Conversely, the yearly low was recorded on December 30, dropping to 1.7678.

This high-to-low spread represents a total annual volatility of 0.5652 MKD. From a start-to-finish perspective, comparing the January average rate of 2.2920 to the December average rate of 1.7976, the exchange rate registered a net change of -21.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.3330 was down 2.33% compared to the 2019 peak of 2.3887, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,665 MKD

2019 Average 10,678 MKD

Yearly Trough Low 8,839 MKD

Transaction Impact: A difference of 2,826.20 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3467

1.7476

JanuMarcMayJulySeptNove

UAH 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 2.1572, compared to 1.8689 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2883 points.

H1 Avg (Jan–Jun) 2.1572

H2 Avg (Jul–Dec) 1.8689

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2941 MKD (High: 2.2814 / Low: 1.9873). On the other end, October was the most stable month, with a tight range of 0.0189 MKD (High: 1.8558 / Low: 1.8368).

March Spread (Volatile) ±0.2941

October Spread (Stable) ±0.0189

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1911 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.2968) against the same month in 2019 (average: 1.9984), the exchange rate shifted by +0.2984 (+14.93%).

2020 Avg (February) 2.2968

2019 Avg (February) 1.9984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3280	2.2253	2.2920
February	2.3330	2.2253	2.2968
March	2.2814	1.9873	2.1057
April	2.1134	2.0340	2.0875
May	2.1381	2.0627	2.1089
June	2.0703	2.0368	2.0526
July	2.0541	1.8772	1.9703
August	1.9080	1.8717	1.8940
September	1.8804	1.8471	1.8654
October	1.8558	1.8368	1.8479
November	1.8548	1.8121	1.8386
December	1.8286	1.7678	1.7976