2018 MKD to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |