2018 SBD to MKD Historical Review

YEARLY HIGH

6.8822 MKD

YEARLY LOW

6.3399 MKD

YEARLY AVERAGE

6.6192 MKD

2018 SBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 6.8822. Conversely, the yearly low was recorded on February 15, dropping to 6.3399.

This high-to-low spread represents a total annual volatility of 0.5423 MKD. From a start-to-finish perspective, comparing the January average rate of 6.4977 to the December average rate of 6.6944, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.8822 was down 8.80% compared to the 2017 peak of 7.5462, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SBD based on timing:

Yearly Peak High 34,411 MKD

2017 Average 34,959 MKD

Yearly Trough Low 31,700 MKD

Transaction Impact: A difference of 2,711.41 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.8011

6.3928

JanuMarcMayJulySeptNove

SBD to MKD 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 6.5174, compared to 6.7209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2035 points.

H1 Avg (Jan–Jun) 6.5174

H2 Avg (Jul–Dec) 6.7209

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.2985 MKD (High: 6.8299 / Low: 6.5314). On the other end, October was the most stable month, with a tight range of 0.0888 MKD (High: 6.7742 / Low: 6.6855).

December Spread (Volatile) ±0.2985

October Spread (Stable) ±0.0888

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0726 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 6.7666) against the same month in 2017 (average: 6.7407), the exchange rate shifted by +0.0259 (+0.38%).

2018 Avg (August) 6.7666

2017 Avg (August) 6.7407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.6209	6.3674	6.4977
February	6.5113	6.3399	6.4324
March	6.4872	6.3594	6.4268
April	6.5494	6.3796	6.4464
May	6.7398	6.5452	6.6524
June	6.7157	6.5771	6.6488
July	6.7106	6.5659	6.6597
August	6.8822	6.6662	6.7666
September	6.7555	6.6284	6.7003
October	6.7742	6.6855	6.7374
November	6.8436	6.7073	6.7671
December	6.8299	6.5314	6.6944