2020 MKD to SBD Historical Review

YEARLY HIGH

0.1603 SBD

YEARLY LOW

0.1438 SBD

YEARLY AVERAGE

0.1524 SBD

2020 MKD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.1603. Conversely, the yearly low was recorded on March 22, dropping to 0.1438.

This high-to-low spread represents a total annual volatility of 0.0165 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1495 to the December average rate of 0.1588, the exchange rate registered a net change of 6.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1603 was up 4.44% compared to the 2019 peak of 0.1535, 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 802 SBD

2019 Average 746 SBD

Yearly Trough Low 719 SBD

Transaction Impact: A difference of 82.51 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1601

0.1449

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 0.1484, compared to 0.1564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.1484

H2 Avg (Jul–Dec) 0.1564

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0109 SBD (High: 0.1547 / Low: 0.1438). On the other end, June was the most stable month, with a tight range of 0.0026 SBD (High: 0.1535 / Low: 0.1509).

March Spread (Volatile) ±0.0109

June Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between April and August, 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 January and February, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1588) against the same month in 2019 (average: 0.1497), the exchange rate shifted by +0.0092 (+6.13%).

2020 Avg (December) 0.1588

2019 Avg (December) 0.1497

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1514	0.1474	0.1495
February	0.1483	0.1440	0.1462
March	0.1547	0.1438	0.1486
April	0.1481	0.1451	0.1465
May	0.1506	0.1449	0.1474
June	0.1535	0.1509	0.1522
July	0.1586	0.1519	0.1546
August	0.1602	0.1572	0.1584
September	0.1599	0.1537	0.1565
October	0.1561	0.1533	0.1551
November	0.1562	0.1527	0.1551
December	0.1603	0.1560	0.1588