YEARLY HIGH
21.2715 MKD
YEARLY LOW
18.5373 MKD
YEARLY AVERAGE
20.0078 MKD

2020 XCD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XCD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 21.2715. Conversely, the yearly low was recorded on December 30, dropping to 18.5373.

This high-to-low spread represents a total annual volatility of 2.7342 MKD. From a start-to-finish perspective, comparing the January average rate of 20.4945 to the December average rate of 18.7349, the exchange rate registered a net change of -8.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 21.2715 was up 1.86% compared to the 2019 peak of 20.8823, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106,358 MKD
2019 Average 101,686 MKD
Yearly Trough Low 92,686 MKD
Transaction Impact: A difference of 13,671.22 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.2214
18.5089
JanuMarcMayJulySeptNove

XCD 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 20.6971, compared to 19.3184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3787 points.

H1 Avg (Jan–Jun) 20.6971
H2 Avg (Jul–Dec) 19.3184

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.3213 MKD (High: 21.2715 / Low: 19.9503). On the other end, October was the most stable month, with a tight range of 0.2871 MKD (High: 19.5085 / Low: 19.2214).

March Spread (Volatile) ±1.3213
October Spread (Stable) ±0.2871

Growth Streaks & Declines

Trends

Between August and October, 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 0.6373 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6373

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 20.6243) against the same month in 2019 (average: 20.1370), the exchange rate shifted by +0.4873 (+2.42%).

2020 Avg (March) 20.6243
2019 Avg (March) 20.1370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.6739 20.2908 20.4945
February 21.1311 20.6254 20.8900
March 21.2715 19.9503 20.6243
April 21.1570 20.7557 20.9954
May 21.1198 20.4877 20.9079
June 20.4806 20.0603 20.2705
July 20.3024 19.2513 19.9155
August 19.4190 19.0959 19.2829
September 19.5935 19.1326 19.3387
October 19.5085 19.2214 19.3775
November 19.5859 19.1100 19.2611
December 19.0511 18.5373 18.7349