YEARLY HIGH
11.7867 SOS
YEARLY LOW
10.5881 SOS
YEARLY AVERAGE
11.1082 SOS

2018 MKD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 11.7867. Conversely, the yearly low was recorded on November 12, dropping to 10.5881.

This high-to-low spread represents a total annual volatility of 1.1987 SOS. From a start-to-finish perspective, comparing the January average rate of 11.4876 to the December average rate of 10.7191, the exchange rate registered a net change of -6.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.7867 was up 2.77% compared to the 2017 peak of 11.4685, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,934 SOS
2017 Average 53,123 SOS
Yearly Trough Low 52,940 SOS
Transaction Impact: A difference of 5,993.26 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.7383
10.6093
JanuMarcMayJulySeptNove

MKD to SOS 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 11.3863, compared to 10.8302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5561 points.

H1 Avg (Jan–Jun) 11.3863
H2 Avg (Jul–Dec) 10.8302

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.5688 SOS (High: 11.7500 / Low: 11.1811). On the other end, July was the most stable month, with a tight range of 0.1138 SOS (High: 11.0453 / Low: 10.9315).

January Spread (Volatile) ±0.5688
July Spread (Stable) ±0.1138

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4422 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 11.6442) against the same month in 2017 (average: 10.0029), the exchange rate shifted by +1.6413 (+16.41%).

2018 Avg (February) 11.6442
2017 Avg (February) 10.0029

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.7500 11.1811 11.4876
February 11.7867 11.5236 11.6442
March 11.7758 11.5204 11.6360
April 11.6260 11.2698 11.5124
May 11.3135 10.7950 11.0701
June 11.0982 10.7697 10.9675
July 11.0453 10.9315 10.9754
August 11.0079 10.6562 10.8334
September 11.0650 10.8644 10.9410
October 10.9194 10.6355 10.8090
November 10.7971 10.5881 10.7033
December 10.8070 10.6190 10.7191