2020 SYP to MKD Historical Review

YEARLY HIGH

0.1118 MKD

YEARLY LOW

0.0977 MKD

YEARLY AVERAGE

0.1053 MKD

2020 SYP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.1118. Conversely, the yearly low was recorded on December 30, dropping to 0.0977.

This high-to-low spread represents a total annual volatility of 0.0141 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1076 to the December average rate of 0.0987, the exchange rate registered a net change of -8.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1118 was up 1.92% compared to the 2019 peak of 0.1097, 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 559 MKD

2019 Average 534 MKD

Yearly Trough Low 488 MKD

Transaction Impact: A difference of 70.57 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1117

0.0975

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 0.1088, compared to 0.1019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.1088

H2 Avg (Jul–Dec) 0.1019

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0072 MKD (High: 0.1118 / Low: 0.1046). On the other end, October was the most stable month, with a tight range of 0.0014 MKD (High: 0.1028 / Low: 0.1014).

March Spread (Volatile) ±0.0072

October Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1083) against the same month in 2019 (average: 0.1057), the exchange rate shifted by +0.0026 (+2.46%).

2020 Avg (March) 0.1083

2019 Avg (March) 0.1057

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1085	0.1065	0.1076
February	0.1109	0.1082	0.1096
March	0.1118	0.1046	0.1083
April	0.1114	0.1093	0.1105
May	0.1112	0.1078	0.1101
June	0.1079	0.1057	0.1067
July	0.1070	0.1016	0.1049
August	0.1026	0.1009	0.1018
September	0.1034	0.1011	0.1022
October	0.1028	0.1014	0.1022
November	0.1033	0.1007	0.1015
December	0.1004	0.0977	0.0987