YEARLY HIGH
149.2644 SLL
YEARLY LOW
92.7903 SLL
YEARLY AVERAGE
137.2139 SLL

2017 MKD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 149.2644. Conversely, the yearly low was recorded on January 3, dropping to 92.7903.

This high-to-low spread represents a total annual volatility of 56.4740 SLL. From a start-to-finish perspective, comparing the January average rate of 119.2661 to the December average rate of 147.0974, the exchange rate registered a net change of 23.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 149.2644 was up 44.06% compared to the 2016 peak of 103.6121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 746,322 SLL
2016 Average 432,939 SLL
Yearly Trough Low 463,952 SLL
Transaction Impact: A difference of 282,370.23 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

149.8805
116.4829
JanuMarcMayJulySeptNove

MKD to SLL 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 129.5310, compared to 144.8968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.3658 points.

H1 Avg (Jan–Jun) 129.5310
H2 Avg (Jul–Dec) 144.8968

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 37.6403 SLL (High: 130.4307 / Low: 92.7903). On the other end, June was the most stable month, with a tight range of 2.8851 SLL (High: 137.8996 / Low: 135.0145).

January Spread (Volatile) ±37.6403
June Spread (Stable) ±2.8851

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2663 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2663

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 147.0974) against the same month in 2016 (average: 94.7342), the exchange rate shifted by +52.3632 (+55.27%).

2017 Avg (December) 147.0974
2016 Avg (December) 94.7342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 130.4307 92.7903 119.2661
February 130.3616 126.0203 127.9502
March 131.3607 126.7000 128.9362
April 132.9001 128.5908 130.0240
May 137.2987 131.5845 134.2982
June 137.8996 135.0145 136.7112
July 143.9916 137.4679 140.4561
August 147.0784 142.7050 144.2423
September 147.3321 144.0469 146.0726
October 147.4393 144.0836 145.8063
November 148.0046 143.8852 145.7061
December 149.2644 146.0769 147.0974