YEARLY HIGH
0.0108 MKD
YEARLY LOW
0.0067 MKD
YEARLY AVERAGE
0.0073 MKD

2017 SLL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SLL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0108. Conversely, the yearly low was recorded on December 30, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0041 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0068, the exchange rate registered a net change of -20.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0108 was down 23.30% compared to the 2016 peak of 0.0141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SLL based on timing:

Yearly Peak High 54 MKD
2016 Average 59 MKD
Yearly Trough Low 33 MKD
Transaction Impact: A difference of 20.39 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0087
0.0066
JanuMarcMayJulySeptNove

SLL to MKD 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 0.0078, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0078
H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0031 MKD (High: 0.0108 / Low: 0.0077). On the other end, December was the most stable month, with a tight range of 0.0001 MKD (High: 0.0068 / Low: 0.0067).

January Spread (Volatile) ±0.0031
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and November, 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 January and February, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0085) against the same month in 2016 (average: 0.0137), the exchange rate shifted by -0.0051 (-37.48%).

2017 Avg (January) 0.0085
2016 Avg (January) 0.0137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0108 0.0077 0.0085
February 0.0079 0.0077 0.0078
March 0.0079 0.0076 0.0078
April 0.0078 0.0075 0.0077
May 0.0076 0.0073 0.0074
June 0.0074 0.0073 0.0073
July 0.0073 0.0069 0.0071
August 0.0070 0.0068 0.0069
September 0.0069 0.0068 0.0068
October 0.0069 0.0068 0.0069
November 0.0069 0.0068 0.0069
December 0.0068 0.0067 0.0068