2021 MKD to SAR Historical Review

YEARLY HIGH

0.0751 SAR

YEARLY LOW

0.0682 SAR

YEARLY AVERAGE

0.0720 SAR

2021 MKD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0751. Conversely, the yearly low was recorded on November 24, dropping to 0.0682.

This high-to-low spread represents a total annual volatility of 0.0069 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0741 to the December average rate of 0.0689, the exchange rate registered a net change of -7.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0751 was up 0.24% compared to the 2020 peak of 0.0749, 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 375 SAR

2020 Average 348 SAR

Yearly Trough Low 341 SAR

Transaction Impact: A difference of 34.36 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0746

0.0683

JanuMarcMayJulySeptNove

MKD to SAR 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 0.0734, compared to 0.0707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0734

H2 Avg (Jul–Dec) 0.0707

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0025 SAR (High: 0.0707 / Low: 0.0682). On the other end, December was the most stable month, with a tight range of 0.0007 SAR (High: 0.0691 / Low: 0.0685).

November Spread (Volatile) ±0.0025

December Spread (Stable) ±0.0007

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 June and July, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0741) against the same month in 2020 (average: 0.0677), the exchange rate shifted by +0.0063 (+9.37%).

2021 Avg (January) 0.0741

2020 Avg (January) 0.0677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0751	0.0735	0.0741
February	0.0742	0.0728	0.0736
March	0.0736	0.0713	0.0724
April	0.0739	0.0715	0.0728
May	0.0746	0.0731	0.0740
June	0.0744	0.0723	0.0733
July	0.0725	0.0716	0.0720
August	0.0725	0.0711	0.0716
September	0.0724	0.0705	0.0717
October	0.0711	0.0702	0.0706
November	0.0707	0.0682	0.0694
December	0.0691	0.0685	0.0689