YEARLY HIGH
1.0821 SYP
YEARLY LOW
0.9176 SYP
YEARLY AVERAGE
1.0030 SYP

2010 MKD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the MKD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 1.0821. Conversely, the yearly low was recorded on June 8, dropping to 0.9176.

This high-to-low spread represents a total annual volatility of 0.1645 SYP. From a start-to-finish perspective, comparing the January average rate of 1.0605 to the December average rate of 1.0069, the exchange rate registered a net change of -5.05% (reflecting a weakening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 5,410 SYP
Yearly Average 5,015 SYP
Yearly Trough Low 4,588 SYP
Transaction Impact: A difference of 822.51 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.0730
0.9226
JanuMarcMayJulySeptNove

MKD to SYP 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 1.0013, compared to 1.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 1.0013
H2 Avg (Jul–Dec) 1.0048

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0774 SYP (High: 1.0126 / Low: 0.9352). On the other end, April was the most stable month, with a tight range of 0.0216 SYP (High: 1.0194 / Low: 0.9978).

May Spread (Volatile) ±0.0774
April Spread (Stable) ±0.0216

Growth Streaks & Declines

Trends

Between June and October, 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 April and May, when the average rate fell by 0.0496 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0496

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for January 2010 is 1.0605.

2010 Avg (January) 1.0605
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0821 1.0424 1.0605
February 1.0437 1.0123 1.0241
March 1.0265 0.9988 1.0145
April 1.0194 0.9978 1.0114
May 1.0126 0.9352 0.9619
June 0.9480 0.9176 0.9352
July 0.9925 0.9379 0.9721
August 1.0086 0.9691 0.9834
September 1.0288 0.9652 0.9900
October 1.0544 1.0285 1.0449
November 1.0654 0.9925 1.0313
December 1.0224 0.9986 1.0069