2021 MKD to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MKD to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MKD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 74.1435. Conversely, the yearly low was recorded on February 4, dropping to 1.0709.
This high-to-low spread represents a total annual volatility of 73.0726 SDG. From a start-to-finish perspective, comparing the January average rate of 1.0916 to the December average rate of 8.0299, the exchange rate registered a net change of 635.62% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 74.1435 was up 6622.97% compared to the 2020 peak of 1.1028, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.1961, compared to 8.3157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1195 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was February, with a trading range of 73.0726 SDG (High: 74.1435 / Low: 1.0709). On the other end, January was the most stable month, with a tight range of 0.0224 SDG (High: 1.1060 / Low: 1.0836).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.3068 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2021: 4.8217) against the same month in 2020 (average: 0.9178), the exchange rate shifted by +3.9039 (+425.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.1060 | 1.0836 | 1.0916 |
| February | 74.1435 | 1.0709 | 4.8217 |
| March | 7.4233 | 7.2520 | 7.3377 |
| April | 7.6222 | 7.2535 | 7.4072 |
| May | 8.3251 | 7.5821 | 8.0094 |
| June | 8.7287 | 8.3215 | 8.5092 |
| July | 8.7274 | 8.5097 | 8.6037 |
| August | 8.6369 | 8.4420 | 8.5102 |
| September | 8.5568 | 8.2890 | 8.4553 |
| October | 8.3521 | 8.2412 | 8.3008 |
| November | 8.3104 | 4.1021 | 7.9940 |
| December | 8.0565 | 7.9791 | 8.0299 |