YEARLY HIGH
0.1022 MKD
YEARLY LOW
0.0872 MKD
YEARLY AVERAGE
0.0944 MKD

2017 SOS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SOS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1022. Conversely, the yearly low was recorded on August 29, dropping to 0.0872.

This high-to-low spread represents a total annual volatility of 0.0150 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1002 to the December average rate of 0.0896, the exchange rate registered a net change of -10.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1022 was down 3.44% compared to the 2016 peak of 0.1058, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 511 MKD
2016 Average 469 MKD
Yearly Trough Low 436 MKD
Transaction Impact: A difference of 74.79 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1013
0.0878
JanuMarcMayJulySeptNove

SOS 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 0.0984, compared to 0.0904 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.0984
H2 Avg (Jul–Dec) 0.0904

Volatility Range Comparison

Volatility

The most volatile month in 2017 was May, with a trading range of 0.0044 MKD (High: 0.0980 / Low: 0.0936). On the other end, June was the most stable month, with a tight range of 0.0022 MKD (High: 0.0956 / Low: 0.0934).

May Spread (Volatile) ±0.0044
June Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.1002) against the same month in 2016 (average: 0.0916), the exchange rate shifted by +0.0086 (+9.39%).

2017 Avg (January) 0.1002
2016 Avg (January) 0.0916

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1022 0.0988 0.1002
February 0.1014 0.0980 0.1000
March 0.1016 0.0981 0.0998
April 0.1002 0.0973 0.0992
May 0.0980 0.0936 0.0962
June 0.0956 0.0934 0.0948
July 0.0944 0.0908 0.0924
August 0.0913 0.0872 0.0902
September 0.0907 0.0877 0.0890
October 0.0915 0.0891 0.0904
November 0.0918 0.0877 0.0905
December 0.0907 0.0875 0.0896