2019 MKD to SYP Historical Review

YEARLY HIGH

9.6140 SYP

YEARLY LOW

9.1167 SYP

YEARLY AVERAGE

9.3729 SYP

2019 MKD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 9.6140. Conversely, the yearly low was recorded on September 26, dropping to 9.1167.

This high-to-low spread represents a total annual volatility of 0.4973 SYP. From a start-to-finish perspective, comparing the January average rate of 9.5422 to the December average rate of 9.3043, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 9.6140 was down 8.12% compared to the 2018 peak of 10.4636, 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 48,070 SYP

2018 Average 49,400 SYP

Yearly Trough Low 45,584 SYP

Transaction Impact: A difference of 2,486.60 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.5739

9.1926

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 9.4489, compared to 9.2970 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1520 points.

H1 Avg (Jan–Jun) 9.4489

H2 Avg (Jul–Dec) 9.2970

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.2259 SYP (High: 9.5354 / Low: 9.3096). On the other end, May was the most stable month, with a tight range of 0.0961 SYP (High: 9.4019 / Low: 9.3059).

June Spread (Volatile) ±0.2259

May Spread (Stable) ±0.0961

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1091 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 9.5422) against the same month in 2018 (average: 10.2045), the exchange rate shifted by -0.6623 (-6.49%).

2019 Avg (January) 9.5422

2018 Avg (January) 10.2045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.6140	9.5052	9.5422
February	9.5966	9.4077	9.4896
March	9.5318	9.3922	9.4629
April	9.4927	9.3206	9.4010
May	9.4019	9.3059	9.3531
June	9.5354	9.3096	9.4446
July	9.5173	9.3383	9.4317
August	9.4136	9.2399	9.3226
September	9.3382	9.1167	9.2244
October	9.3401	9.1233	9.2482
November	9.3451	9.2101	9.2505
December	9.3898	9.2282	9.3043