YEARLY HIGH
6.2247 MKD
YEARLY LOW
5.3548 MKD
YEARLY AVERAGE
5.8454 MKD

2012 SZL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the SZL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 6.2247. Conversely, the yearly low was recorded on December 1, dropping to 5.3548.

This high-to-low spread represents a total annual volatility of 0.8699 MKD. From a start-to-finish perspective, comparing the January average rate of 5.9462 to the December average rate of 5.4733, the exchange rate registered a net change of -7.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 6.2247 was down 10.67% compared to the 2011 peak of 6.9678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SZL based on timing:

Yearly Peak High 31,123 MKD
2011 Average 30,584 MKD
Yearly Trough Low 26,774 MKD
Transaction Impact: A difference of 4,349.55 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

6.1906
5.3639
JanuMarcMayJulySeptNove

SZL 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 5.9728, compared to 5.7181 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2548 points.

H1 Avg (Jan–Jun) 5.9728
H2 Avg (Jul–Dec) 5.7181

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.4061 MKD (High: 6.1794 / Low: 5.7733). On the other end, November was the most stable month, with a tight range of 0.1599 MKD (High: 5.5228 / Low: 5.3629).

August Spread (Volatile) ±0.4061
November Spread (Stable) ±0.1599

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 September and October, when the average rate fell by 0.3572 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2012: 6.1217) against the same month in 2011 (average: 6.3330), the exchange rate shifted by -0.2113 (-3.34%).

2012 Avg (March) 6.1217
2011 Avg (March) 6.3330

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.0331 5.8238 5.9462
February 6.2165 6.0061 6.0752
March 6.2247 6.0116 6.1217
April 6.0373 5.8512 5.9693
May 6.0488 5.7750 5.8790
June 5.9912 5.7159 5.8455
July 6.1259 5.9400 6.0251
August 6.1794 5.7733 6.0246
September 6.0277 5.6422 5.8548
October 5.7495 5.4073 5.4977
November 5.5228 5.3629 5.4328
December 5.5792 5.3548 5.4733