2020 WST to MKD Historical Review

YEARLY HIGH

21.3876 MKD

YEARLY LOW

19.6263 MKD

YEARLY AVERAGE

20.3103 MKD

2020 WST to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the WST to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 21.3876. Conversely, the yearly low was recorded on October 11, dropping to 19.6263.

This high-to-low spread represents a total annual volatility of 1.7613 MKD. From a start-to-finish perspective, comparing the January average rate of 21.0484 to the December average rate of 19.8518, the exchange rate registered a net change of -5.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.3876 was up 0.19% compared to the 2019 peak of 21.3471, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106,938 MKD

2019 Average 104,523 MKD

Yearly Trough Low 98,131 MKD

Transaction Impact: A difference of 8,806.33 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.2147

19.7279

JanuMarcMayJulySeptNove

WST 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 20.6329, compared to 19.9878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6451 points.

H1 Avg (Jan–Jun) 20.6329

H2 Avg (Jul–Dec) 19.9878

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.8969 MKD (High: 20.7377 / Low: 19.8408). On the other end, December was the most stable month, with a tight range of 0.3246 MKD (High: 20.0301 / Low: 19.7054).

July Spread (Volatile) ±0.8969

December Spread (Stable) ±0.3246

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 0.5838 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.5838

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 21.0908) against the same month in 2019 (average: 20.8072), the exchange rate shifted by +0.2836 (+1.36%).

2020 Avg (February) 21.0908

2019 Avg (February) 20.8072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.1974	20.8698	21.0484
February	21.3876	20.7778	21.0908
March	20.8297	20.1362	20.5070
April	20.6741	20.1329	20.4314
May	20.6674	20.0217	20.4381
June	20.6097	19.8003	20.2815
July	20.7377	19.8408	20.2865
August	20.0862	19.6462	19.8868
September	20.2428	19.7822	19.9647
October	20.1713	19.6263	19.8928
November	20.1883	19.8444	20.0439
December	20.0301	19.7054	19.8518