YEARLY HIGH
1.0898 MKD
YEARLY LOW
0.9241 MKD
YEARLY AVERAGE
0.9984 MKD

2010 SYP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the SYP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 1.0898. Conversely, the yearly low was recorded on January 13, dropping to 0.9241.

This high-to-low spread represents a total annual volatility of 0.1657 MKD. From a start-to-finish perspective, comparing the January average rate of 0.9430 to the December average rate of 0.9932, the exchange rate registered a net change of 5.31% (reflecting a strengthening trend).

Transfer Payout Power Comparison

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

Yearly Peak High 5,449 MKD
Yearly Average 4,992 MKD
Yearly Trough Low 4,621 MKD
Transaction Impact: A difference of 828.40 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.0821
0.9304
JanuMarcMayJulySeptNove

SYP 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 1.0006, compared to 0.9961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 1.0006
H2 Avg (Jul–Dec) 0.9961

Volatility Range Comparison

Volatility

The most volatile month in 2010 was May, with a trading range of 0.0818 MKD (High: 1.0693 / Low: 0.9876). On the other end, April was the most stable month, with a tight range of 0.0213 MKD (High: 1.0022 / Low: 0.9809).

May Spread (Volatile) ±0.0818
April Spread (Stable) ±0.0213

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0534 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0534

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for June 2010 is 1.0694.

2010 Avg (June) 1.0694
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9594 0.9241 0.9430
February 0.9878 0.9581 0.9765
March 1.0012 0.9742 0.9857
April 1.0022 0.9809 0.9887
May 1.0693 0.9876 1.0402
June 1.0898 1.0548 1.0694
July 1.0663 1.0076 1.0289
August 1.0319 0.9915 1.0170
September 1.0360 0.9720 1.0105
October 0.9723 0.9484 0.9571
November 1.0076 0.9386 0.9700
December 1.0014 0.9781 0.9932