YEARLY HIGH
0.0076 MKD
YEARLY LOW
0.0050 MKD
YEARLY AVERAGE
0.0060 MKD

2020 SLL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SLL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0076. Conversely, the yearly low was recorded on December 30, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0026 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0074 to the December average rate of 0.0050, the exchange rate registered a net change of -32.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0076 was down 3.10% compared to the 2019 peak of 0.0078, 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 38 MKD
2019 Average 35 MKD
Yearly Trough Low 25 MKD
Transaction Impact: A difference of 13.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0077
0.0048
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 0.0067, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.0017 MKD (High: 0.0075 / Low: 0.0058). On the other end, June was the most stable month, with a tight range of 0.0001 MKD (High: 0.0057 / Low: 0.0056).

April Spread (Volatile) ±0.0017
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0010 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0073) against the same month in 2019 (average: 0.0065), the exchange rate shifted by +0.0008 (+13.03%).

2020 Avg (March) 0.0073
2019 Avg (March) 0.0065

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0075 0.0073 0.0074
February 0.0075 0.0074 0.0074
March 0.0076 0.0071 0.0073
April 0.0075 0.0058 0.0064
May 0.0059 0.0057 0.0058
June 0.0057 0.0056 0.0056
July 0.0056 0.0053 0.0055
August 0.0053 0.0052 0.0053
September 0.0054 0.0052 0.0053
October 0.0054 0.0052 0.0053
November 0.0053 0.0050 0.0052
December 0.0051 0.0050 0.0050