2019 SBD to MKD Historical Review

YEARLY HIGH

6.8836 MKD

YEARLY LOW

6.5144 MKD

YEARLY AVERAGE

6.7026 MKD

2019 SBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 6.8836. Conversely, the yearly low was recorded on January 2, dropping to 6.5144.

This high-to-low spread represents a total annual volatility of 0.3692 MKD. From a start-to-finish perspective, comparing the January average rate of 6.6566 to the December average rate of 6.6819, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 6.8836 was up 0.02% compared to the 2018 peak of 6.8822, 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 34,418 MKD

2018 Average 33,102 MKD

Yearly Trough Low 32,572 MKD

Transaction Impact: A difference of 1,846.17 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

6.7920

6.6144

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 6.6863, compared to 6.7190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0327 points.

H1 Avg (Jan–Jun) 6.6863

H2 Avg (Jul–Dec) 6.7190

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.2615 MKD (High: 6.7759 / Low: 6.5144). On the other end, November was the most stable month, with a tight range of 0.1119 MKD (High: 6.7751 / Low: 6.6632).

January Spread (Volatile) ±0.2615

November Spread (Stable) ±0.1119

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0977 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0977

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 6.7772) against the same month in 2018 (average: 6.7003), the exchange rate shifted by +0.0769 (+1.15%).

2019 Avg (September) 6.7772

2018 Avg (September) 6.7003

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7759	6.5144	6.6566
February	6.7702	6.6135	6.6895
March	6.8187	6.6359	6.6958
April	6.8597	6.6339	6.7198
May	6.8277	6.6894	6.7269
June	6.7483	6.5638	6.6292
July	6.7580	6.5760	6.6368
August	6.8391	6.6688	6.7598
September	6.8836	6.7026	6.7772
October	6.8294	6.6486	6.7279
November	6.7751	6.6632	6.7302
December	6.7621	6.6038	6.6819