2021 SYP to MKD Historical Review

YEARLY HIGH

0.1014 MKD

YEARLY LOW

0.0216 MKD

YEARLY AVERAGE

0.0521 MKD

2021 SYP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.1014. Conversely, the yearly low was recorded on December 29, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0798 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0987 to the December average rate of 0.0217, the exchange rate registered a net change of -78.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1014 was down 9.27% compared to the 2020 peak of 0.1118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 507 MKD

2020 Average 527 MKD

Yearly Trough Low 108 MKD

Transaction Impact: A difference of 399.11 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1072

0.0139

JanuMarcMayJulySeptNove

SYP to MKD 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 0.0671, compared to 0.0371 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0300 points.

H1 Avg (Jan–Jun) 0.0671

H2 Avg (Jul–Dec) 0.0371

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0599 MKD (High: 0.1014 / Low: 0.0415). On the other end, December was the most stable month, with a tight range of 0.0002 MKD (High: 0.0218 / Low: 0.0216).

March Spread (Volatile) ±0.0599

December Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0418 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0418

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0828) against the same month in 2020 (average: 0.1083), the exchange rate shifted by -0.0255 (-23.58%).

2021 Avg (March) 0.0828

2020 Avg (March) 0.1083

मासिक विश्लेषण

प्रत्येक कॅलेंडर महिन्यासाठी सांख्यिकीय सारांश.

Month	High	Low	Average
January	0.0996	0.0975	0.0987
February	0.1004	0.0986	0.0994
March	0.1014	0.0415	0.0828
April	0.0417	0.0403	0.0410
May	0.0408	0.0399	0.0403
June	0.0413	0.0401	0.0407
July	0.0416	0.0411	0.0414
August	0.0420	0.0411	0.0416
September	0.0423	0.0412	0.0416
October	0.0425	0.0420	0.0422
November	0.0434	0.0216	0.0343
December	0.0218	0.0216	0.0217

२०२५ भारतीय रुपया ते ब्रिटिश पाउंड ऐतिहासिक आढावा