YEARLY HIGH
0.0028 MKD
YEARLY LOW
0.0026 MKD
YEARLY AVERAGE
0.0027 MKD

2024 SLL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0028. Conversely, the yearly low was recorded on August 25, dropping to 0.0026.

This high-to-low spread represents a total annual volatility of 0.0002 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0027 to the December average rate of 0.0028, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0028 was down 14.89% compared to the 2023 peak of 0.0033, 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 14 MKD
2023 Average 15 MKD
Yearly Trough Low 13 MKD
Transaction Impact: A difference of 1.06 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0028
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 0.0027, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0027
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0001 MKD (High: 0.0028 / Low: 0.0027). On the other end, March was the most stable month, with a tight range of 0.0000 MKD (High: 0.0027 / Low: 0.0027).

November Spread (Volatile) ±0.0001
March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0028) against the same month in 2023 (average: 0.0027), the exchange rate shifted by +0.0001 (+4.16%).

2024 Avg (December) 0.0028
2023 Avg (December) 0.0027

Monthly Breakdown

Statistical summary for each calendar month.

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