2023 SLL to MKD Historical Review

YEARLY HIGH

0.0033 MKD

YEARLY LOW

0.0026 MKD

YEARLY AVERAGE

0.0030 MKD

2023 SLL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0033. Conversely, the yearly low was recorded on December 28, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0007 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0032 to the December average rate of 0.0027, the exchange rate registered a net change of -16.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0033 was down 32.73% compared to the 2022 peak of 0.0049, 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 17 MKD

2022 Average 22 MKD

Yearly Trough Low 13 MKD

Transaction Impact: A difference of 3.42 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0033

0.0026

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 0.0032, compared to 0.0028 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0032

H2 Avg (Jul–Dec) 0.0028

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0005 MKD (High: 0.0032 / Low: 0.0027). On the other end, October was the most stable month, with a tight range of 0.0000 MKD (High: 0.0028 / Low: 0.0028).

July Spread (Volatile) ±0.0005

October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and March, 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 July and August, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0032) against the same month in 2022 (average: 0.0048), the exchange rate shifted by -0.0016 (-32.51%).

2023 Avg (January) 0.0032

2022 Avg (January) 0.0048

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0033	0.0032	0.0032
February	0.0033	0.0032	0.0033
March	0.0033	0.0032	0.0033
April	0.0032	0.0031	0.0032
May	0.0033	0.0032	0.0032
June	0.0033	0.0032	0.0032
July	0.0032	0.0027	0.0031
August	0.0027	0.0027	0.0027
September	0.0028	0.0027	0.0027
October	0.0028	0.0028	0.0028
November	0.0028	0.0027	0.0027
December	0.0027	0.0026	0.0027