YEARLY HIGH
0.2296 MKD
YEARLY LOW
0.2001 MKD
YEARLY AVERAGE
0.2160 MKD

2020 YER to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the YER to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.2296. Conversely, the yearly low was recorded on December 30, dropping to 0.2001.

This high-to-low spread represents a total annual volatility of 0.0295 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2213 to the December average rate of 0.2023, the exchange rate registered a net change of -8.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2296 was up 1.84% compared to the 2019 peak of 0.2255, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,148 MKD
2019 Average 1,098 MKD
Yearly Trough Low 1,001 MKD
Transaction Impact: A difference of 147.58 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2291
0.1998
JanuMarcMayJulySeptNove

YER 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 0.2234, compared to 0.2086 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.2234
H2 Avg (Jul–Dec) 0.2086

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0142 MKD (High: 0.2296 / Low: 0.2154). On the other end, October was the most stable month, with a tight range of 0.0031 MKD (High: 0.2106 / Low: 0.2075).

March Spread (Volatile) ±0.0142
October Spread (Stable) ±0.0031

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 0.0069 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2227) against the same month in 2019 (average: 0.2174), the exchange rate shifted by +0.0053 (+2.42%).

2020 Avg (March) 0.2227
2019 Avg (March) 0.2174

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2232 0.2190 0.2213
February 0.2281 0.2227 0.2255
March 0.2296 0.2154 0.2227
April 0.2284 0.2241 0.2267
May 0.2280 0.2212 0.2257
June 0.2211 0.2166 0.2188
July 0.2191 0.2078 0.2150
August 0.2096 0.2061 0.2082
September 0.2115 0.2065 0.2088
October 0.2106 0.2075 0.2092
November 0.2114 0.2063 0.2079
December 0.2057 0.2001 0.2023