YEARLY HIGH
0.0049 MKD
YEARLY LOW
0.0033 MKD
YEARLY AVERAGE
0.0043 MKD

2022 SLL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SLL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0049. Conversely, the yearly low was recorded on December 14, dropping to 0.0033.

This high-to-low spread represents a total annual volatility of 0.0017 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0033, the exchange rate registered a net change of -31.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0049 was down 3.75% compared to the 2021 peak of 0.0051, 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 25 MKD
2021 Average 25 MKD
Yearly Trough Low 16 MKD
Transaction Impact: A difference of 8.40 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0050
0.0031
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 0.0047, compared to 0.0040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0047
H2 Avg (Jul–Dec) 0.0040

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0010 MKD (High: 0.0046 / Low: 0.0036). On the other end, December was the most stable month, with a tight range of 0.0001 MKD (High: 0.0033 / Low: 0.0033).

October Spread (Volatile) ±0.0010
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0048) against the same month in 2021 (average: 0.0051), the exchange rate shifted by -0.0002 (-4.75%).

2022 Avg (March) 0.0048
2021 Avg (March) 0.0051

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0048 0.0047 0.0048
February 0.0048 0.0047 0.0047
March 0.0049 0.0047 0.0048
April 0.0048 0.0045 0.0047
May 0.0047 0.0044 0.0045
June 0.0045 0.0044 0.0045
July 0.0046 0.0044 0.0045
August 0.0045 0.0043 0.0044
September 0.0046 0.0044 0.0045
October 0.0046 0.0036 0.0040
November 0.0036 0.0034 0.0034
December 0.0033 0.0033 0.0033