YEARLY HIGH
306.2182 SLL
YEARLY LOW
202.2222 SLL
YEARLY AVERAGE
233.6665 SLL

2022 MKD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 306.2182. Conversely, the yearly low was recorded on March 7, dropping to 202.2222.

This high-to-low spread represents a total annual volatility of 103.9960 SLL. From a start-to-finish perspective, comparing the January average rate of 208.5076 to the December average rate of 303.5502, the exchange rate registered a net change of 45.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 306.2182 was up 46.87% compared to the 2021 peak of 208.5029, 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 1,531,091 SLL
2021 Average 1,000,419 SLL
Yearly Trough Low 1,011,111 SLL
Transaction Impact: A difference of 519,979.79 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

313.2038
197.3604
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 214.0057, compared to 253.3273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.3216 points.

H1 Avg (Jan–Jun) 214.0057
H2 Avg (Jul–Dec) 253.3273

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 60.5448 SLL (High: 279.4616 / Low: 218.9168). On the other end, June was the most stable month, with a tight range of 3.8473 SLL (High: 226.3787 / Low: 222.5315).

October Spread (Volatile) ±60.5448
June Spread (Stable) ±3.8473

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.7159 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.7159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 303.5502) against the same month in 2021 (average: 206.0965), the exchange rate shifted by +97.4537 (+47.29%).

2022 Avg (December) 303.5502
2021 Avg (December) 206.0965

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 211.5593 206.6291 208.5076
February 212.7893 208.8867 210.7299
March 212.4239 202.2222 207.0140
April 224.6264 209.4053 213.3054
May 227.6584 213.3245 219.9277
June 226.3787 222.5315 224.5495
July 228.1829 219.2327 223.8140
August 230.6787 221.9371 226.3036
September 229.4277 218.0775 223.5405
October 279.4616 218.9168 250.4937
November 298.4443 278.8680 292.2620
December 306.2182 299.9352 303.5502