YEARLY HIGH
3.2821 MKD
YEARLY LOW
2.8138 MKD
YEARLY AVERAGE
3.0518 MKD

2025 SZL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2025

During 2025, the SZL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 3.2821. Conversely, the yearly low was recorded on April 11, dropping to 2.8138.

This high-to-low spread represents a total annual volatility of 0.4684 MKD. From a start-to-finish perspective, comparing the January average rate of 3.1740 to the December average rate of 3.1240, the exchange rate registered a net change of -1.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2025 high of 3.2821 was down 1.34% compared to the 2024 peak of 3.3268, 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 16,411 MKD
2024 Average 15,540 MKD
Yearly Trough Low 14,069 MKD
Transaction Impact: A difference of 2,341.79 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2025.

3.2256
2.8850
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 3.0649, compared to 3.0386 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0263 points.

H1 Avg (Jan–Jun) 3.0649
H2 Avg (Jul–Dec) 3.0386

Volatility Range Comparison

Volatility

The most volatile month in 2025 was April, with a trading range of 0.2913 MKD (High: 3.1051 / Low: 2.8138). On the other end, July was the most stable month, with a tight range of 0.0480 MKD (High: 2.9938 / Low: 2.9458).

April Spread (Volatile) ±0.2913
July Spread (Stable) ±0.0480

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2094 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2025: 3.1740) against the same month in 2024 (average: 3.0026), the exchange rate shifted by +0.1714 (+5.71%).

2025 Avg (January) 3.1740
2024 Avg (January) 3.0026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.2821 3.1310 3.1740
February 3.2406 3.1670 3.1972
March 3.2133 3.0819 3.1228
April 3.1051 2.8138 2.9134
May 3.0571 2.9008 2.9921
June 3.0412 2.9370 2.9900
July 2.9938 2.9458 2.9681
August 3.0092 2.9344 2.9833
September 3.0387 2.9730 3.0065
October 3.1040 3.0236 3.0619
November 3.1185 3.0648 3.0879
December 3.1676 3.0918 3.1240