2021 MKD to SZL Historical Review

YEARLY HIGH

0.3049 SZL

YEARLY LOW

0.2661 SZL

YEARLY AVERAGE

0.2836 SZL

2021 MKD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.3049. Conversely, the yearly low was recorded on June 17, dropping to 0.2661.

This high-to-low spread represents a total annual volatility of 0.0388 SZL. From a start-to-finish perspective, comparing the January average rate of 0.2981 to the December average rate of 0.2913, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3049 was down 10.09% compared to the 2020 peak of 0.3391, 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 1,524 SZL

2020 Average 1,523 SZL

Yearly Trough Low 1,330 SZL

Transaction Impact: A difference of 194.04 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3008

0.2683

JanuMarcMayJulySeptNove

MKD to SZL 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 0.2843, compared to 0.2829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.2843

H2 Avg (Jul–Dec) 0.2829

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0157 SZL (High: 0.2986 / Low: 0.2829). On the other end, April was the most stable month, with a tight range of 0.0062 SZL (High: 0.2835 / Low: 0.2772).

March Spread (Volatile) ±0.0157

April Spread (Stable) ±0.0062

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 March and April, when the average rate fell by 0.0089 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0089

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.2981) against the same month in 2020 (average: 0.2592), the exchange rate shifted by +0.0389 (+15.02%).

2021 Avg (January) 0.2981

2020 Avg (January) 0.2592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3049	0.2900	0.2981
February	0.2946	0.2841	0.2898
March	0.2986	0.2829	0.2893
April	0.2835	0.2772	0.2803
May	0.2825	0.2728	0.2774
June	0.2771	0.2661	0.2710
July	0.2853	0.2729	0.2781
August	0.2903	0.2761	0.2828
September	0.2854	0.2705	0.2781
October	0.2873	0.2731	0.2800
November	0.2961	0.2805	0.2869
December	0.2971	0.2856	0.2913

2021 MKD నుండి SZL చారిత్రక సమీక్ష