YEARLY HIGH
11.5918 SOS
YEARLY LOW
10.0789 SOS
YEARLY AVERAGE
10.7605 SOS

2020 MKD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11.5918. Conversely, the yearly low was recorded on March 23, dropping to 10.0789.

This high-to-low spread represents a total annual volatility of 1.5129 SOS. From a start-to-finish perspective, comparing the January average rate of 10.4777 to the December average rate of 11.4747, the exchange rate registered a net change of 9.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.5918 was up 6.22% compared to the 2019 peak of 10.9128, 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 57,959 SOS
2019 Average 52,755 SOS
Yearly Trough Low 50,394 SOS
Transaction Impact: A difference of 7,564.73 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.5988
10.1089
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 10.3938, compared to 11.1272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7334 points.

H1 Avg (Jan–Jun) 10.3938
H2 Avg (Jul–Dec) 11.1272

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.7028 SOS (High: 10.7816 / Low: 10.0789). On the other end, October was the most stable month, with a tight range of 0.1460 SOS (High: 11.1711 / Low: 11.0251).

March Spread (Volatile) ±0.7028
October Spread (Stable) ±0.1460

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2177 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 11.4747) against the same month in 2019 (average: 10.4756), the exchange rate shifted by +0.9991 (+9.54%).

2020 Avg (December) 11.4747
2019 Avg (December) 10.4756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6031 10.3891 10.4777
February 10.5129 10.1329 10.3207
March 10.7816 10.0789 10.4508
April 10.3344 10.1361 10.2331
May 10.4932 10.1599 10.2759
June 10.6801 10.4820 10.6046
July 11.2344 10.5761 10.7920
August 11.2344 11.0430 11.1205
September 11.2423 10.9542 11.1151
October 11.1711 11.0251 11.0960
November 11.2816 10.9562 11.1646
December 11.5918 11.2884 11.4747