YEARLY HIGH
0.0944 MKD
YEARLY LOW
0.0848 MKD
YEARLY AVERAGE
0.0901 MKD

2018 SOS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SOS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0944. Conversely, the yearly low was recorded on February 3, dropping to 0.0848.

This high-to-low spread represents a total annual volatility of 0.0096 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0871 to the December average rate of 0.0933, the exchange rate registered a net change of 7.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0944 was down 7.55% compared to the 2017 peak of 0.1022, 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 472 MKD
2017 Average 472 MKD
Yearly Trough Low 424 MKD
Transaction Impact: A difference of 48.02 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0942
0.0851
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 0.0879, compared to 0.0923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0879
H2 Avg (Jul–Dec) 0.0923

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0043 MKD (High: 0.0894 / Low: 0.0851). On the other end, July was the most stable month, with a tight range of 0.0009 MKD (High: 0.0915 / Low: 0.0905).

January Spread (Volatile) ±0.0043
July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0012 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.0934) against the same month in 2017 (average: 0.0905), the exchange rate shifted by +0.0029 (+3.21%).

2018 Avg (November) 0.0934
2017 Avg (November) 0.0905

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0894 0.0851 0.0871
February 0.0868 0.0848 0.0859
March 0.0868 0.0849 0.0859
April 0.0887 0.0860 0.0869
May 0.0926 0.0884 0.0903
June 0.0929 0.0901 0.0912
July 0.0915 0.0905 0.0911
August 0.0938 0.0908 0.0923
September 0.0920 0.0904 0.0914
October 0.0940 0.0916 0.0925
November 0.0944 0.0926 0.0934
December 0.0942 0.0925 0.0933