2020 MKD to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 MKD to SLL Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the MKD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 201.4797. Conversely, the yearly low was recorded on March 22, dropping to 132.1825.
This high-to-low spread represents a total annual volatility of 69.2971 SLL. From a start-to-finish perspective, comparing the January average rate of 135.1938 to the December average rate of 200.0307, the exchange rate registered a net change of 47.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 201.4797 was up 17.78% compared to the 2019 peak of 171.0592, 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 2020.
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 152.6248, compared to 190.2918 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.6670 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was April, with a trading range of 40.1335 SLL (High: 173.1048 / Low: 132.9713). On the other end, February was the most stable month, with a tight range of 2.3626 SLL (High: 135.5407 / Low: 133.1780).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.9361 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 200.0307) against the same month in 2019 (average: 135.0955), the exchange rate shifted by +64.9352 (+48.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 136.5512 | 133.9612 | 135.1938 |
| February | 135.5407 | 133.1780 | 134.2577 |
| March | 141.0139 | 132.1825 | 136.4376 |
| April | 173.1048 | 132.9713 | 159.0220 |
| May | 176.1813 | 169.7696 | 172.9814 |
| June | 179.8426 | 176.2423 | 177.8562 |
| July | 188.4507 | 177.2742 | 181.4667 |
| August | 191.5723 | 187.1594 | 188.9493 |
| September | 191.2050 | 184.9299 | 188.6413 |
| October | 191.8794 | 186.4094 | 188.9766 |
| November | 200.3654 | 188.5965 | 193.6862 |
| December | 201.4797 | 196.8454 | 200.0307 |