2021 SBD to MKD Historical Review

YEARLY HIGH

6.8265 MKD

YEARLY LOW

6.2214 MKD

YEARLY AVERAGE

6.4932 MKD

2021 SBD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SBD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 6.8265. Conversely, the yearly low was recorded on January 6, dropping to 6.2214.

This high-to-low spread represents a total annual volatility of 0.6051 MKD. From a start-to-finish perspective, comparing the January average rate of 6.3264 to the December average rate of 6.7370, the exchange rate registered a net change of 6.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.8265 was down 1.82% compared to the 2020 peak of 6.9530, 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 34,133 MKD

2020 Average 32,828 MKD

Yearly Trough Low 31,107 MKD

Transaction Impact: A difference of 3,025.71 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.7780

6.2854

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 6.4000, compared to 6.5864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1864 points.

H1 Avg (Jan–Jun) 6.4000

H2 Avg (Jul–Dec) 6.5864

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.3245 MKD (High: 6.5881 / Low: 6.2636). On the other end, October was the most stable month, with a tight range of 0.0643 MKD (High: 6.6305 / Low: 6.5663).

March Spread (Volatile) ±0.3245

October Spread (Stable) ±0.0643

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0892 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0892

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 6.7174) against the same month in 2020 (average: 6.4495), the exchange rate shifted by +0.2679 (+4.15%).

2021 Avg (November) 6.7174

2020 Avg (November) 6.4495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.4012	6.2214	6.3264
February	6.4276	6.3334	6.3676
March	6.5881	6.2636	6.4951
April	6.5654	6.3642	6.4526
May	6.4474	6.3081	6.3634
June	6.4700	6.3191	6.3948
July	6.5210	6.4140	6.4782
August	6.5542	6.4181	6.5019
September	6.5998	6.4295	6.4882
October	6.6305	6.5663	6.5956
November	6.8265	6.6120	6.7174
December	6.7754	6.7010	6.7370