2020 XAF to MKD Historical Review

YEARLY HIGH

0.0963 MKD

YEARLY LOW

0.0922 MKD

YEARLY AVERAGE

0.0940 MKD

2020 XAF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XAF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 28, valuing the pair at 0.0963. Conversely, the yearly low was recorded on March 19, dropping to 0.0922.

This high-to-low spread represents a total annual volatility of 0.0041 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.0940, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0963 was up 1.31% compared to the 2019 peak of 0.0951, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 482 MKD

2019 Average 469 MKD

Yearly Trough Low 461 MKD

Transaction Impact: A difference of 20.40 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0942

0.0937

JanuMarcMayJulySeptNove

XAF 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 0.0940, compared to 0.0940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0940

H2 Avg (Jul–Dec) 0.0940

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0041 MKD (High: 0.0963 / Low: 0.0922). On the other end, September was the most stable month, with a tight range of 0.0006 MKD (High: 0.0942 / Low: 0.0936).

March Spread (Volatile) ±0.0041

September Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between January and March, 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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0941) against the same month in 2019 (average: 0.0937), the exchange rate shifted by +0.0003 (+0.35%).

2020 Avg (March) 0.0941

2019 Avg (March) 0.0937

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0943	0.0934	0.0938
February	0.0944	0.0937	0.0940
March	0.0963	0.0922	0.0941
April	0.0947	0.0932	0.0940
May	0.0960	0.0937	0.0941
June	0.0951	0.0934	0.0940
July	0.0949	0.0934	0.0940
August	0.0946	0.0934	0.0940
September	0.0942	0.0936	0.0939
October	0.0942	0.0933	0.0939
November	0.0943	0.0936	0.0940
December	0.0947	0.0935	0.0940