YEARLY HIGH
208.5029 SLL
YEARLY LOW
194.6439 SLL
YEARLY AVERAGE
200.0880 SLL

2021 MKD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 208.5029. Conversely, the yearly low was recorded on August 19, dropping to 194.6439.

This high-to-low spread represents a total annual volatility of 13.8590 SLL. From a start-to-finish perspective, comparing the January average rate of 201.1401 to the December average rate of 206.0965, the exchange rate registered a net change of 2.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 208.5029 was up 3.49% compared to the 2020 peak of 201.4797, 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 1,042,514 SLL
2020 Average 857,852 SLL
Yearly Trough Low 973,220 SLL
Transaction Impact: A difference of 69,294.79 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

207.0918
195.1482
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: JanтАУJun) was 199.9815, compared to 200.1944 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.2129 points.

H1 Avg (JanтАУJun) 199.9815
H2 Avg (JulтАУDec) 200.1944

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 6.9363 SLL (High: 204.4199 / Low: 197.4836). On the other end, July was the most stable month, with a tight range of 2.4142 SLL (High: 198.2148 / Low: 195.8006).

June Spread (Volatile) ┬▒6.9363
July Spread (Stable) ┬▒2.4142

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 4.2185 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.2185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 206.0965) against the same month in 2020 (average: 200.0307), the exchange rate shifted by +6.0658 (+3.03%).

2021 Avg (December) 206.0965
2020 Avg (December) 200.0307

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 203.8849 199.6362 201.1401
February 201.5850 197.7631 200.2692
March 200.0607 194.8813 197.1677
April 201.5649 195.1363 198.3929
May 203.7554 199.2445 201.7852
June 204.4199 197.4836 201.1338
July 198.2148 195.8006 196.9152
August 198.2503 194.6439 196.1435
September 200.5296 197.7694 199.0612
October 204.6462 197.8992 200.2193
November 205.4209 199.9328 202.7309
December 208.5029 203.5880 206.0965