2023 MKD to LSL Historical Review

YEARLY HIGH

0.3448 LSL

YEARLY LOW

0.2908 LSL

YEARLY AVERAGE

0.3242 LSL

2023 MKD to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MKD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.3448. Conversely, the yearly low was recorded on January 4, dropping to 0.2908.

This high-to-low spread represents a total annual volatility of 0.0540 LSL. From a start-to-finish perspective, comparing the January average rate of 0.2992 to the December average rate of 0.3311, the exchange rate registered a net change of 10.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3448 was up 13.48% compared to the 2022 peak of 0.3039, 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 1,724 LSL

2022 Average 1,396 LSL

Yearly Trough Low 1,454 LSL

Transaction Impact: A difference of 270.10 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3395

0.2955

JanuMarcMayJulySeptNove

MKD to LSL 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 0.3193, compared to 0.3290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.3193

H2 Avg (Jul–Dec) 0.3290

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0261 LSL (High: 0.3403 / Low: 0.3142). On the other end, October was the most stable month, with a tight range of 0.0119 LSL (High: 0.3343 / Low: 0.3224).

November Spread (Volatile) ±0.0261

October Spread (Stable) ±0.0119

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 0.0066 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.3331) against the same month in 2022 (average: 0.2749), the exchange rate shifted by +0.0582 (+21.18%).

2023 Avg (August) 0.3331

2022 Avg (August) 0.2749

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3074	0.2908	0.2992
February	0.3169	0.3018	0.3112
March	0.3253	0.3125	0.3174
April	0.3304	0.3139	0.3231
May	0.3445	0.3267	0.3359
June	0.3430	0.3226	0.3293
July	0.3369	0.3154	0.3272
August	0.3448	0.3220	0.3331
September	0.3351	0.3228	0.3289
October	0.3343	0.3224	0.3272
November	0.3403	0.3142	0.3266
December	0.3406	0.3233	0.3311