2020 VUV to MKD Historical Review

YEARLY HIGH

0.4837 MKD

YEARLY LOW

0.4515 MKD

YEARLY AVERAGE

0.4662 MKD

2020 VUV to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the VUV to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.4837. Conversely, the yearly low was recorded on April 7, dropping to 0.4515.

This high-to-low spread represents a total annual volatility of 0.0322 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4793 to the December average rate of 0.4592, the exchange rate registered a net change of -4.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4837 was down 3.02% compared to the 2019 peak of 0.4988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,419 MKD

2019 Average 2,420 MKD

Yearly Trough Low 2,258 MKD

Transaction Impact: A difference of 161.07 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4818

0.4571

JanuMarcMayJulySeptNove

VUV 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 0.4705, compared to 0.4619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0087 points.

H1 Avg (Jan–Jun) 0.4705

H2 Avg (Jul–Dec) 0.4619

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0206 MKD (High: 0.4721 / Low: 0.4515). On the other end, November was the most stable month, with a tight range of 0.0060 MKD (High: 0.4652 / Low: 0.4592).

April Spread (Volatile) ±0.0206

November Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0146 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.4793) against the same month in 2019 (average: 0.4862), the exchange rate shifted by -0.0069 (-1.41%).

2020 Avg (January) 0.4793

2019 Avg (January) 0.4862

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4837	0.4755	0.4793
February	0.4835	0.4722	0.4797
March	0.4741	0.4558	0.4651
April	0.4721	0.4515	0.4635
May	0.4733	0.4623	0.4673
June	0.4755	0.4599	0.4681
July	0.4746	0.4545	0.4666
August	0.4630	0.4547	0.4592
September	0.4668	0.4586	0.4624
October	0.4664	0.4541	0.4611
November	0.4652	0.4592	0.4627
December	0.4636	0.4543	0.4592