2024 SOS to MKD Historical Review

YEARLY HIGH

0.1038 MKD

YEARLY LOW

0.0959 MKD

YEARLY AVERAGE

0.0996 MKD

2024 SOS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SOS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1038. Conversely, the yearly low was recorded on September 25, dropping to 0.0959.

This high-to-low spread represents a total annual volatility of 0.0080 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0987 to the December average rate of 0.1028, the exchange rate registered a net change of 4.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1038 was up 0.60% compared to the 2023 peak of 0.1032, 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 519 MKD

2023 Average 500 MKD

Yearly Trough Low 479 MKD

Transaction Impact: A difference of 39.99 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1034

0.0964

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 0.0997, compared to 0.0995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0997

H2 Avg (Jul–Dec) 0.0995

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0048 MKD (High: 0.1034 / Low: 0.0986). On the other end, March was the most stable month, with a tight range of 0.0015 MKD (High: 0.0999 / Low: 0.0984).

November Spread (Volatile) ±0.0048

March Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1028) against the same month in 2023 (average: 0.0986), the exchange rate shifted by +0.0042 (+4.24%).

2024 Avg (December) 0.1028

2023 Avg (December) 0.0986

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0996	0.0973	0.0987
February	0.1007	0.0982	0.0998
March	0.0999	0.0984	0.0991
April	0.1016	0.0992	0.1005
May	0.1012	0.0991	0.0997
June	0.1009	0.0988	0.1001
July	0.1005	0.0985	0.0993
August	0.1005	0.0964	0.0980
September	0.0978	0.0959	0.0970
October	0.0999	0.0968	0.0988
November	0.1034	0.0986	0.1013
December	0.1038	0.1017	0.1028