YEARLY HIGH
0.0078 MKD
YEARLY LOW
0.0058 MKD
YEARLY AVERAGE
0.0069 MKD

2019 SLL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SLL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.0078. Conversely, the yearly low was recorded on August 27, dropping to 0.0058.

This high-to-low spread represents a total annual volatility of 0.0020 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0074, the exchange rate registered a net change of 15.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0078 was down 7.57% compared to the 2018 peak of 0.0084, 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 39 MKD
2018 Average 34 MKD
Yearly Trough Low 29 MKD
Transaction Impact: A difference of 9.81 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0079
0.0063
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 0.0065, compared to 0.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0065
H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0019 MKD (High: 0.0078 / Low: 0.0058). On the other end, May was the most stable month, with a tight range of 0.0001 MKD (High: 0.0066 / Low: 0.0065).

August Spread (Volatile) ±0.0019
May Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and July, 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 July and August, when the average rate fell by 0.0009 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.0077) against the same month in 2018 (average: 0.0082), the exchange rate shifted by -0.0005 (-6.24%).

2019 Avg (July) 0.0077
2018 Avg (July) 0.0082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0064 0.0064
February 0.0065 0.0064 0.0065
March 0.0065 0.0064 0.0065
April 0.0066 0.0065 0.0065
May 0.0066 0.0065 0.0066
June 0.0077 0.0061 0.0066
July 0.0078 0.0077 0.0077
August 0.0078 0.0058 0.0068
September 0.0077 0.0059 0.0069
October 0.0076 0.0074 0.0075
November 0.0075 0.0074 0.0075
December 0.0075 0.0073 0.0074