YEARLY HIGH
0.9338 MKD
YEARLY LOW
0.0135 MKD
YEARLY AVERAGE
0.2421 MKD

2021 SDG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SDG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.9338. Conversely, the yearly low was recorded on February 24, dropping to 0.0135.

This high-to-low spread represents a total annual volatility of 0.9203 MKD. From a start-to-finish perspective, comparing the January average rate of 0.9161 to the December average rate of 0.1245, the exchange rate registered a net change of -86.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9338 was down 24.29% compared to the 2020 peak of 1.2334, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,669 MKD
2020 Average 5,010 MKD
Yearly Trough Low 67 MKD
Transaction Impact: A difference of 4,601.48 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9961
0.0362
JanuMarcMayJulySeptNove

SDG 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 0.3635, compared to 0.1207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2428 points.

H1 Avg (Jan–Jun) 0.3635
H2 Avg (Jul–Dec) 0.1207

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.9203 MKD (High: 0.9338 / Low: 0.0135). On the other end, December was the most stable month, with a tight range of 0.0012 MKD (High: 0.1253 / Low: 0.1241).

February Spread (Volatile) ±0.9203
December Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.6146 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6146

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.7509) against the same month in 2020 (average: 1.0905), the exchange rate shifted by -0.3396 (-31.14%).

2021 Avg (February) 0.7509
2020 Avg (February) 1.0905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9229 0.9042 0.9161
February 0.9338 0.0135 0.7509
March 0.1379 0.1347 0.1363
April 0.1379 0.1312 0.1350
May 0.1319 0.1201 0.1249
June 0.1202 0.1146 0.1175
July 0.1175 0.1146 0.1162
August 0.1185 0.1158 0.1175
September 0.1206 0.1169 0.1183
October 0.1213 0.1197 0.1205
November 0.2438 0.1203 0.1271
December 0.1253 0.1241 0.1245