YEARLY HIGH
0.1634 SVC
YEARLY LOW
0.1550 SVC
YEARLY AVERAGE
0.1592 SVC

2019 MKD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.1634. Conversely, the yearly low was recorded on September 26, dropping to 0.1550.

This high-to-low spread represents a total annual volatility of 0.0084 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1621 to the December average rate of 0.1581, the exchange rate registered a net change of -2.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1634 was down 8.05% compared to the 2018 peak of 0.1777, 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 817 SVC
2018 Average 839 SVC
Yearly Trough Low 775 SVC
Transaction Impact: A difference of 42.05 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1627
0.1561
JanuMarcMayJulySeptNove

MKD to SVC 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 0.1605, compared to 0.1579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1605
H2 Avg (Jul–Dec) 0.1579

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0042 SVC (High: 0.1620 / Low: 0.1578). On the other end, May was the most stable month, with a tight range of 0.0017 SVC (High: 0.1598 / Low: 0.1581).

June Spread (Volatile) ±0.0042
May Spread (Stable) ±0.0017

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 0.0018 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1621) against the same month in 2018 (average: 0.1733), the exchange rate shifted by -0.0112 (-6.47%).

2019 Avg (January) 0.1621
2018 Avg (January) 0.1733

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1634 0.1607 0.1621
February 0.1631 0.1598 0.1613
March 0.1619 0.1594 0.1607
April 0.1611 0.1582 0.1597
May 0.1598 0.1581 0.1589
June 0.1620 0.1578 0.1605
July 0.1621 0.1586 0.1600
August 0.1596 0.1571 0.1582
September 0.1577 0.1550 0.1567
October 0.1587 0.1551 0.1572
November 0.1588 0.1565 0.1571
December 0.1595 0.1565 0.1581