YEARLY HIGH
160.4456 SLL
YEARLY LOW
118.3933 SLL
YEARLY AVERAGE
147.9527 SLL

2018 MKD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MKD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 160.4456. Conversely, the yearly low was recorded on June 28, dropping to 118.3933.

This high-to-low spread represents a total annual volatility of 42.0523 SLL. From a start-to-finish perspective, comparing the January average rate of 151.8671 to the December average rate of 155.0730, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 160.4456 was up 7.49% compared to the 2017 peak of 149.2644, 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 802,228 SLL
2017 Average 686,318 SLL
Yearly Trough Low 591,966 SLL
Transaction Impact: A difference of 210,261.63 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

162.4691
117.5847
JanuMarcMayJulySeptNove

MKD to SLL 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 148.7844, compared to 147.1210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6634 points.

H1 Avg (Jan–Jun) 148.7844
H2 Avg (Jul–Dec) 147.1210

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 39.0321 SLL (High: 159.5360 / Low: 120.5039). On the other end, March was the most stable month, with a tight range of 2.2308 SLL (High: 155.0688 / Low: 152.8380).

August Spread (Volatile) ±39.0321
March Spread (Stable) ±2.2308

Growth Streaks & Declines

Trends

Between July and September, 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 18.9625 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -18.9625

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 158.7287) against the same month in 2017 (average: 146.0726), the exchange rate shifted by +12.6561 (+8.66%).

2018 Avg (September) 158.7287
2017 Avg (September) 146.0726

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 155.0215 148.4835 151.8671
February 156.0006 151.8355 153.8327
March 155.0688 152.8380 153.7476
April 155.2768 151.7246 153.3491
May 152.8567 146.6936 149.4362
June 150.1713 118.3933 130.4737
July 124.0516 119.2103 121.3251
August 159.5360 120.5039 136.0482
September 160.4456 157.4254 158.7287
October 158.0496 154.2864 156.5301
November 156.2584 153.6006 155.0209
December 156.1936 153.8099 155.0730