2019 SVC to MKD Historical Review

YEARLY HIGH

6.4516 MKD

YEARLY LOW

6.1196 MKD

YEARLY AVERAGE

6.2819 MKD

2019 SVC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SVC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 6.4516. Conversely, the yearly low was recorded on January 9, dropping to 6.1196.

This high-to-low spread represents a total annual volatility of 0.3320 MKD. From a start-to-finish perspective, comparing the January average rate of 6.1688 to the December average rate of 6.3268, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 6.4516 was up 3.32% compared to the 2018 peak of 6.2443, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SVC based on timing:

Yearly Peak High 32,258 MKD

2018 Average 29,817 MKD

Yearly Trough Low 30,598 MKD

Transaction Impact: A difference of 1,660.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

6.4052

6.1474

JanuMarcMayJulySeptNove

SVC 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 6.2297, compared to 6.3341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1044 points.

H1 Avg (Jan–Jun) 6.2297

H2 Avg (Jul–Dec) 6.3341

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.1643 MKD (High: 6.3374 / Low: 6.1731). On the other end, May was the most stable month, with a tight range of 0.0675 MKD (High: 6.3268 / Low: 6.2593).

June Spread (Volatile) ±0.1643

May Spread (Stable) ±0.0675

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 0.0617 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0617

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 6.3837) against the same month in 2018 (average: 6.0399), the exchange rate shifted by +0.3439 (+5.69%).

2019 Avg (September) 6.3837

2018 Avg (September) 6.0399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.2210	6.1196	6.1688
February	6.2580	6.1316	6.2015
March	6.2718	6.1748	6.2213
April	6.3202	6.2061	6.2611
May	6.3268	6.2593	6.2935
June	6.3374	6.1731	6.2318
July	6.3051	6.1686	6.2493
August	6.3647	6.2651	6.3201
September	6.4516	6.3425	6.3837
October	6.4492	6.2993	6.3606
November	6.3901	6.2972	6.3638
December	6.3916	6.2680	6.3268