2018 SYP to MKD Historical Review

YEARLY HIGH

0.1061 MKD

YEARLY LOW

0.0956 MKD

YEARLY AVERAGE

0.1013 MKD

2018 SYP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SYP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.1061. Conversely, the yearly low was recorded on February 1, dropping to 0.0956.

This high-to-low spread represents a total annual volatility of 0.0105 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0980 to the December average rate of 0.1051, the exchange rate registered a net change of 7.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1061 was down 61.72% compared to the 2017 peak of 0.2771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 530 MKD

2017 Average 994 MKD

Yearly Trough Low 478 MKD

Transaction Impact: A difference of 52.47 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1059

0.0960

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 0.0988, compared to 0.1038 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.0988

H2 Avg (Jul–Dec) 0.1038

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0045 MKD (High: 0.1036 / Low: 0.0991). On the other end, July was the most stable month, with a tight range of 0.0010 MKD (High: 0.1027 / Low: 0.1017).

May Spread (Volatile) ±0.0045

July Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0011 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.1051) against the same month in 2017 (average: 0.1018), the exchange rate shifted by +0.0033 (+3.22%).

2018 Avg (November) 0.1051

2017 Avg (November) 0.1018

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1002	0.0962	0.0980
February	0.0981	0.0956	0.0969
March	0.0976	0.0960	0.0969
April	0.0990	0.0966	0.0974
May	0.1036	0.0991	0.1011
June	0.1034	0.1009	0.1021
July	0.1027	0.1017	0.1023
August	0.1054	0.1021	0.1036
September	0.1035	0.1015	0.1026
October	0.1056	0.1031	0.1041
November	0.1061	0.1043	0.1051
December	0.1060	0.1043	0.1051