2020 SOS to MKD Historical Review

YEARLY HIGH

0.0992 MKD

YEARLY LOW

0.0863 MKD

YEARLY AVERAGE

0.0931 MKD

2020 SOS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SOS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.0992. Conversely, the yearly low was recorded on December 30, dropping to 0.0863.

This high-to-low spread represents a total annual volatility of 0.0129 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0954 to the December average rate of 0.0872, the exchange rate registered a net change of -8.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0992 was up 1.71% compared to the 2019 peak of 0.0975, 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 496 MKD

2019 Average 474 MKD

Yearly Trough Low 431 MKD

Transaction Impact: A difference of 64.75 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0988

0.0861

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 0.0962, compared to 0.0899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0962

H2 Avg (Jul–Dec) 0.0899

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0065 MKD (High: 0.0992 / Low: 0.0928). On the other end, October was the most stable month, with a tight range of 0.0012 MKD (High: 0.0907 / Low: 0.0895).

March Spread (Volatile) ±0.0065

October Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, 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 (March 2020: 0.0957) against the same month in 2019 (average: 0.0938), the exchange rate shifted by +0.0019 (+2.02%).

2020 Avg (March) 0.0957

2019 Avg (March) 0.0938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0963	0.0943	0.0954
February	0.0987	0.0951	0.0969
March	0.0992	0.0928	0.0957
April	0.0987	0.0968	0.0977
May	0.0984	0.0953	0.0973
June	0.0954	0.0936	0.0943
July	0.0946	0.0890	0.0927
August	0.0906	0.0890	0.0899
September	0.0913	0.0889	0.0900
October	0.0907	0.0895	0.0901
November	0.0913	0.0886	0.0896
December	0.0886	0.0863	0.0872