YEARLY HIGH
1.1028 SDG
YEARLY LOW
0.8108 SDG
YEARLY AVERAGE
1.0040 SDG

2020 MKD to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.1028. Conversely, the yearly low was recorded on January 27, dropping to 0.8108.

This high-to-low spread represents a total annual volatility of 0.2921 SDG. From a start-to-finish perspective, comparing the January average rate of 0.8181 to the December average rate of 1.0917, the exchange rate registered a net change of 33.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.1028 was up 24.02% compared to the 2019 peak of 0.8892, 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 5,514 SDG
2019 Average 4,178 SDG
Yearly Trough Low 4,054 SDG
Transaction Impact: A difference of 1,460.42 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.1191
0.7907
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 0.9484, compared to 1.0596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1112 points.

H1 Avg (Jan–Jun) 0.9484
H2 Avg (Jul–Dec) 1.0596

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0966 SDG (High: 0.9746 / Low: 0.8780). On the other end, October was the most stable month, with a tight range of 0.0152 SDG (High: 1.0636 / Low: 1.0484).

February Spread (Volatile) ±0.0966
October Spread (Stable) ±0.0152

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 March and April, when the average rate fell by 0.0170 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0170

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.0917) against the same month in 2019 (average: 0.8153), the exchange rate shifted by +0.2764 (+33.90%).

2020 Avg (December) 1.0917
2019 Avg (December) 0.8153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8782 0.8108 0.8181
February 0.9746 0.8780 0.9178
March 1.0257 0.9619 0.9916
April 0.9859 0.9667 0.9746
May 0.9992 0.9689 0.9790
June 1.0200 0.9991 1.0092
July 1.0629 1.0083 1.0279
August 1.0715 1.0542 1.0613
September 1.0695 1.0443 1.0584
October 1.0636 1.0484 1.0556
November 1.0712 1.0447 1.0626
December 1.1028 1.0741 1.0917