YEARLY HIGH
0.1607 SBD
YEARLY LOW
0.1465 SBD
YEARLY AVERAGE
0.1541 SBD

2021 MKD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1607. Conversely, the yearly low was recorded on November 24, dropping to 0.1465.

This high-to-low spread represents a total annual volatility of 0.0142 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1581 to the December average rate of 0.1484, the exchange rate registered a net change of -6.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1607 was up 0.26% compared to the 2020 peak of 0.1603, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 804 SBD
2020 Average 762 SBD
Yearly Trough Low 732 SBD
Transaction Impact: A difference of 71.24 SBD purely based on transaction execution date.

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0.1590
0.1475
JanuMarcMayJulySeptNove

MKD to SBD 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 0.1563, compared to 0.1519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.1563
H2 Avg (Jul–Dec) 0.1519

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0079 SBD (High: 0.1597 / Low: 0.1518). On the other end, October was the most stable month, with a tight range of 0.0015 SBD (High: 0.1523 / Low: 0.1508).

March Spread (Volatile) Âą0.0079
October Spread (Stable) Âą0.0015

Growth Streaks & Declines

Trends

Between March and May, 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 0.0031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1581) against the same month in 2020 (average: 0.1495), the exchange rate shifted by +0.0085 (+5.71%).

2021 Avg (January) 0.1581
2020 Avg (January) 0.1495

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Month High Low Average
January 0.1607 0.1562 0.1581
February 0.1579 0.1556 0.1570
March 0.1597 0.1518 0.1540
April 0.1571 0.1523 0.1550
May 0.1585 0.1551 0.1572
June 0.1583 0.1546 0.1564
July 0.1559 0.1534 0.1544
August 0.1558 0.1526 0.1538
September 0.1555 0.1515 0.1541
October 0.1523 0.1508 0.1516
November 0.1512 0.1465 0.1489
December 0.1492 0.1476 0.1484