2019 SOS to MKD Historical Review

YEARLY HIGH

0.0975 MKD

YEARLY LOW

0.0916 MKD

YEARLY AVERAGE

0.0948 MKD

2019 SOS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SOS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0975. Conversely, the yearly low was recorded on January 12, dropping to 0.0916.

This high-to-low spread represents a total annual volatility of 0.0059 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0930 to the December average rate of 0.0955, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0975 was up 3.28% compared to the 2018 peak of 0.0944, 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 488 MKD

2018 Average 451 MKD

Yearly Trough Low 458 MKD

Transaction Impact: A difference of 29.55 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0967

0.0927

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 0.0939, compared to 0.0956 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0939

H2 Avg (Jul–Dec) 0.0956

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0028 MKD (High: 0.0975 / Low: 0.0947). On the other end, November was the most stable month, with a tight range of 0.0015 MKD (High: 0.0967 / Low: 0.0953).

August Spread (Volatile) ±0.0028

November Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0009 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0960) against the same month in 2018 (average: 0.0925), the exchange rate shifted by +0.0035 (+3.78%).

2019 Avg (October) 0.0960

2018 Avg (October) 0.0925

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0941	0.0916	0.0930
February	0.0946	0.0923	0.0936
March	0.0947	0.0930	0.0938
April	0.0956	0.0937	0.0945
May	0.0957	0.0941	0.0948
June	0.0954	0.0928	0.0939
July	0.0953	0.0930	0.0942
August	0.0975	0.0947	0.0956
September	0.0975	0.0956	0.0964
October	0.0975	0.0950	0.0960
November	0.0967	0.0953	0.0961
December	0.0965	0.0946	0.0955