2021 MKD to SOS Historical Review

YEARLY HIGH

11.6105 SOS

YEARLY LOW

10.5192 SOS

YEARLY AVERAGE

11.1614 SOS

2021 MKD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 11.6105. Conversely, the yearly low was recorded on November 25, dropping to 10.5192.

This high-to-low spread represents a total annual volatility of 1.0913 SOS. From a start-to-finish perspective, comparing the January average rate of 11.4741 to the December average rate of 10.6729, the exchange rate registered a net change of -6.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.6105 was up 0.16% compared to the 2020 peak of 11.5918, 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 58,052 SOS

2020 Average 53,813 SOS

Yearly Trough Low 52,596 SOS

Transaction Impact: A difference of 5,456.28 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.5543

10.5928

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 11.3719, compared to 10.9509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4210 points.

H1 Avg (Jan–Jun) 11.3719

H2 Avg (Jul–Dec) 10.9509

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.4775 SOS (High: 10.9967 / Low: 10.5192). On the other end, October was the most stable month, with a tight range of 0.2101 SOS (High: 11.0422 / Low: 10.8321).

November Spread (Volatile) ±0.4775

October Spread (Stable) ±0.2101

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.2399 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2399

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 11.4677) against the same month in 2020 (average: 10.2759), the exchange rate shifted by +1.1918 (+11.60%).

2021 Avg (May) 11.4677

2020 Avg (May) 10.2759

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.6059	11.3404	11.4741
February	11.5017	11.2734	11.4019
March	11.3984	11.0439	11.2326
April	11.4726	11.0199	11.2726
May	11.6105	11.2611	11.4677
June	11.5750	11.1495	11.3825
July	11.2597	11.0426	11.1427
August	11.2101	10.9665	11.0636
September	11.2188	10.9227	11.1069
October	11.0422	10.8321	10.9553
November	10.9967	10.5192	10.7641
December	10.7771	10.5567	10.6729