YEARLY HIGH
0.8892 SDG
YEARLY LOW
0.7993 SDG
YEARLY AVERAGE
0.8358 SDG

2019 MKD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.8892. Conversely, the yearly low was recorded on September 26, dropping to 0.7993.

This high-to-low spread represents a total annual volatility of 0.0899 SDG. From a start-to-finish perspective, comparing the January average rate of 0.8814 to the December average rate of 0.8153, the exchange rate registered a net change of -7.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8892 was up 0.09% compared to the 2018 peak of 0.8885, 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 4,446 SDG
2018 Average 2,213 SDG
Yearly Trough Low 3,997 SDG
Transaction Impact: A difference of 449.70 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8888
0.8005
JanuMarcMayJulySeptNove

MKD to SDG 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 0.8575, compared to 0.8142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0433 points.

H1 Avg (Jan–Jun) 0.8575
H2 Avg (Jul–Dec) 0.8142

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0603 SDG (High: 0.8770 / Low: 0.8166). On the other end, May was the most stable month, with a tight range of 0.0088 SDG (High: 0.8236 / Low: 0.8148).

April Spread (Volatile) ±0.0603
May Spread (Stable) ±0.0088

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 April and May, when the average rate fell by 0.0444 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.8814) against the same month in 2018 (average: 0.1389), the exchange rate shifted by +0.7425 (+534.42%).

2019 Avg (January) 0.8814
2018 Avg (January) 0.1389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8892 0.8744 0.8814
February 0.8873 0.8696 0.8776
March 0.8820 0.8675 0.8752
April 0.8770 0.8166 0.8637
May 0.8236 0.8148 0.8193
June 0.8352 0.8141 0.8276
July 0.8352 0.8177 0.8251
August 0.8229 0.8103 0.8159
September 0.8138 0.7993 0.8078
October 0.8186 0.7994 0.8108
November 0.8186 0.8060 0.8102
December 0.8234 0.8070 0.8153