2023 SOS to MKD Historical Review

YEARLY HIGH

0.1032 MKD

YEARLY LOW

0.0962 MKD

YEARLY AVERAGE

0.1000 MKD

2023 SOS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1032. Conversely, the yearly low was recorded on July 18, dropping to 0.0962.

This high-to-low spread represents a total annual volatility of 0.0071 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1006 to the December average rate of 0.0986, the exchange rate registered a net change of -1.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1032 was down 8.18% compared to the 2022 peak of 0.1124, 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 516 MKD

2022 Average 509 MKD

Yearly Trough Low 481 MKD

Transaction Impact: A difference of 35.25 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1024

0.0975

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 0.1003, compared to 0.0998 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1003

H2 Avg (Jul–Dec) 0.0998

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0045 MKD (High: 0.1025 / Low: 0.0981). On the other end, October was the most stable month, with a tight range of 0.0018 MKD (High: 0.1029 / Low: 0.1011).

November Spread (Volatile) ±0.0045

October Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and October, 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 0.0025 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1006) against the same month in 2022 (average: 0.0936), the exchange rate shifted by +0.0070 (+7.45%).

2023 Avg (January) 0.1006

2022 Avg (January) 0.0936

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1032	0.0991	0.1006
February	0.1025	0.0992	0.1012
March	0.1027	0.0993	0.1013
April	0.0999	0.0978	0.0988
May	0.1014	0.0979	0.0997
June	0.1014	0.0985	0.1000
July	0.0999	0.0962	0.0979
August	0.1002	0.0982	0.0992
September	0.1026	0.1000	0.1011
October	0.1029	0.1011	0.1020
November	0.1025	0.0981	0.0998
December	0.1001	0.0970	0.0986