YEARLY HIGH
0.1749 SVC
YEARLY LOW
0.1591 SVC
YEARLY AVERAGE
0.1681 SVC

2021 MKD to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1749. Conversely, the yearly low was recorded on November 24, dropping to 0.1591.

This high-to-low spread represents a total annual volatility of 0.0158 SVC. From a start-to-finish perspective, comparing the January average rate of 0.1729 to the December average rate of 0.1606, the exchange rate registered a net change of -7.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1749 was up 0.16% compared to the 2020 peak of 0.1747, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 875 SVC
2020 Average 810 SVC
Yearly Trough Low 796 SVC
Transaction Impact: A difference of 79.22 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1741
0.1594
JanuMarcMayJulySeptNove

MKD to SVC 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 0.1712, compared to 0.1650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.1712
H2 Avg (Jul–Dec) 0.1650

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0058 SVC (High: 0.1725 / Low: 0.1667). On the other end, December was the most stable month, with a tight range of 0.0013 SVC (High: 0.1612 / Low: 0.1599).

April Spread (Volatile) ±0.0058
December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0032 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1729) against the same month in 2020 (average: 0.1580), the exchange rate shifted by +0.0149 (+9.42%).

2021 Avg (January) 0.1729
2020 Avg (January) 0.1580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1749 0.1715 0.1729
February 0.1729 0.1698 0.1717
March 0.1716 0.1664 0.1689
April 0.1725 0.1667 0.1698
May 0.1741 0.1705 0.1725
June 0.1736 0.1687 0.1711
July 0.1691 0.1670 0.1679
August 0.1693 0.1659 0.1671
September 0.1688 0.1645 0.1674
October 0.1659 0.1637 0.1648
November 0.1649 0.1591 0.1620
December 0.1612 0.1599 0.1606