2020 SBD to MKD Historical Review

YEARLY HIGH

6.9530 MKD

YEARLY LOW

6.2374 MKD

YEARLY AVERAGE

6.5671 MKD

2020 SBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 6.9530. Conversely, the yearly low was recorded on December 17, dropping to 6.2374.

This high-to-low spread represents a total annual volatility of 0.7156 MKD. From a start-to-finish perspective, comparing the January average rate of 6.6876 to the December average rate of 6.2960, the exchange rate registered a net change of -5.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 6.9530 was up 1.01% compared to the 2019 peak of 6.8836, 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 34,765 MKD

2019 Average 33,513 MKD

Yearly Trough Low 31,187 MKD

Transaction Impact: A difference of 3,578.23 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

6.8947

6.2416

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 6.7404, compared to 6.3937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3466 points.

H1 Avg (Jan–Jun) 6.7404

H2 Avg (Jul–Dec) 6.3937

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4906 MKD (High: 6.9530 / Low: 6.4624). On the other end, June was the most stable month, with a tight range of 0.1143 MKD (High: 6.6280 / Low: 6.5137).

March Spread (Volatile) ±0.4906

June Spread (Stable) ±0.1143

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2178 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 6.7323) against the same month in 2019 (average: 6.6958), the exchange rate shifted by +0.0365 (+0.55%).

2020 Avg (March) 6.7323

2019 Avg (March) 6.6958

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.7844	6.6038	6.6876
February	6.9439	6.7418	6.8403
March	6.9530	6.4624	6.7323
April	6.8914	6.7521	6.8258
May	6.9034	6.6414	6.7871
June	6.6280	6.5137	6.5693
July	6.5813	6.3040	6.4680
August	6.3632	6.2437	6.3124
September	6.5054	6.2557	6.3890
October	6.5212	6.4061	6.4475
November	6.5503	6.4024	6.4495
December	6.4084	6.2374	6.2960