2019 MKD to SBD Historical Review

YEARLY HIGH

0.1535 SBD

YEARLY LOW

0.1453 SBD

YEARLY AVERAGE

0.1492 SBD

2019 MKD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1535. Conversely, the yearly low was recorded on September 2, dropping to 0.1453.

This high-to-low spread represents a total annual volatility of 0.0082 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1502 to the December average rate of 0.1497, the exchange rate registered a net change of -0.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1535 was down 2.68% compared to the 2018 peak of 0.1577, 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 768 SBD

2018 Average 756 SBD

Yearly Trough Low 726 SBD

Transaction Impact: A difference of 41.17 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1512

0.1472

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 0.1496, compared to 0.1488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1496

H2 Avg (Jul–Dec) 0.1488

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0059 SBD (High: 0.1535 / Low: 0.1476). On the other end, November was the most stable month, with a tight range of 0.0025 SBD (High: 0.1501 / Low: 0.1476).

January Spread (Volatile) ±0.0059

November Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0027 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1502) against the same month in 2018 (average: 0.1539), the exchange rate shifted by -0.0037 (-2.39%).

2019 Avg (January) 0.1502

2018 Avg (January) 0.1539

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1535	0.1476	0.1502
February	0.1512	0.1477	0.1495
March	0.1507	0.1467	0.1494
April	0.1507	0.1458	0.1488
May	0.1495	0.1465	0.1487
June	0.1523	0.1482	0.1509
July	0.1521	0.1480	0.1507
August	0.1500	0.1462	0.1479
September	0.1492	0.1453	0.1476
October	0.1504	0.1464	0.1486
November	0.1501	0.1476	0.1486
December	0.1514	0.1479	0.1497