YEARLY HIGH
1.2334 MKD
YEARLY LOW
0.9068 MKD
YEARLY AVERAGE
1.0021 MKD

2020 SDG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SDG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 1.2334. Conversely, the yearly low was recorded on December 30, dropping to 0.9068.

This high-to-low spread represents a total annual volatility of 0.3267 MKD. From a start-to-finish perspective, comparing the January average rate of 1.2226 to the December average rate of 0.9160, the exchange rate registered a net change of -25.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.2334 was down 1.41% compared to the 2019 peak of 1.2511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,167 MKD
2019 Average 5,991 MKD
Yearly Trough Low 4,534 MKD
Transaction Impact: A difference of 1,633.34 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.2532
0.8854
JanuMarcMayJulySeptNove

SDG 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 1.0601, compared to 0.9441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1159 points.

H1 Avg (Jan–Jun) 1.0601
H2 Avg (Jul–Dec) 0.9441

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.1128 MKD (High: 1.1389 / Low: 1.0260). On the other end, October was the most stable month, with a tight range of 0.0136 MKD (High: 0.9538 / Low: 0.9402).

February Spread (Volatile) ±0.1128
October Spread (Stable) ±0.0136

Growth Streaks & Declines

Trends

Between August and October, 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 January and February, when the average rate fell by 0.1321 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.2226) against the same month in 2019 (average: 1.1346), the exchange rate shifted by +0.0880 (+7.76%).

2020 Avg (January) 1.2226
2019 Avg (January) 1.1346

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2334 1.1387 1.2226
February 1.1389 1.0260 1.0905
March 1.0396 0.9750 1.0088
April 1.0344 1.0143 1.0261
May 1.0321 1.0008 1.0215
June 1.0009 0.9804 0.9909
July 0.9917 0.9408 0.9731
August 0.9486 0.9332 0.9423
September 0.9575 0.9350 0.9449
October 0.9538 0.9402 0.9473
November 0.9572 0.9335 0.9411
December 0.9310 0.9068 0.9160