YEARLY HIGH
10.9128 SOS
YEARLY LOW
10.2515 SOS
YEARLY AVERAGE
10.5515 SOS

2019 MKD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 10.9128. Conversely, the yearly low was recorded on October 1, dropping to 10.2515.

This high-to-low spread represents a total annual volatility of 0.6613 SOS. From a start-to-finish perspective, comparing the January average rate of 10.7524 to the December average rate of 10.4756, the exchange rate registered a net change of -2.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 10.9128 was down 7.41% compared to the 2018 peak of 11.7867, 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 54,564 SOS
2018 Average 55,523 SOS
Yearly Trough Low 51,257 SOS
Transaction Impact: A difference of 3,306.36 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

10.7904
10.3349
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 10.6455, compared to 10.4575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1881 points.

H1 Avg (Jan–Jun) 10.6455
H2 Avg (Jul–Dec) 10.4575

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.3051 SOS (High: 10.5573 / Low: 10.2522). On the other end, November was the most stable month, with a tight range of 0.1608 SOS (High: 10.4972 / Low: 10.3364).

August Spread (Volatile) ±0.3051
November Spread (Stable) ±0.1608

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1481 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 10.7524) against the same month in 2018 (average: 11.4876), the exchange rate shifted by -0.7351 (-6.40%).

2019 Avg (January) 10.7524
2018 Avg (January) 11.4876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.9128 10.6268 10.7524
February 10.8351 10.5698 10.6794
March 10.7546 10.5619 10.6590
April 10.6697 10.4606 10.5789
May 10.6219 10.4494 10.5486
June 10.7737 10.4870 10.6547
July 10.7484 10.4952 10.6116
August 10.5573 10.2522 10.4636
September 10.4585 10.2593 10.3728
October 10.5304 10.2515 10.4154
November 10.4972 10.3364 10.4057
December 10.5662 10.3623 10.4756