YEARLY HIGH
0.0084 MKD
YEARLY LOW
0.0062 MKD
YEARLY AVERAGE
0.0068 MKD

2018 SLL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SLL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.0084. Conversely, the yearly low was recorded on September 20, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0022 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0066 to the December average rate of 0.0064, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0084 was down 21.63% compared to the 2017 peak of 0.0108, 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 42 MKD
2017 Average 37 MKD
Yearly Trough Low 31 MKD
Transaction Impact: A difference of 11.07 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0084
0.0061
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 0.0068, compared to 0.0069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0068
H2 Avg (Jul–Dec) 0.0069

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0020 MKD (High: 0.0083 / Low: 0.0063). On the other end, March was the most stable month, with a tight range of 0.0001 MKD (High: 0.0065 / Low: 0.0064).

August Spread (Volatile) ±0.0020
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0012 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.0078) against the same month in 2017 (average: 0.0073), the exchange rate shifted by +0.0004 (+5.97%).

2018 Avg (June) 0.0078
2017 Avg (June) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0067 0.0065 0.0066
February 0.0066 0.0064 0.0065
March 0.0065 0.0064 0.0065
April 0.0066 0.0064 0.0065
May 0.0068 0.0065 0.0067
June 0.0084 0.0067 0.0078
July 0.0084 0.0081 0.0082
August 0.0083 0.0063 0.0075
September 0.0064 0.0062 0.0063
October 0.0065 0.0063 0.0064
November 0.0065 0.0064 0.0065
December 0.0065 0.0064 0.0064