2024 ALL to MKD Historical Review

YEARLY HIGH

0.6349 MKD

YEARLY LOW

0.5890 MKD

YEARLY AVERAGE

0.6115 MKD

2024 ALL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ALL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.6349. Conversely, the yearly low was recorded on January 8, dropping to 0.5890.

This high-to-low spread represents a total annual volatility of 0.0459 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5924 to the December average rate of 0.6259, the exchange rate registered a net change of 5.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6349 was up 3.58% compared to the 2023 peak of 0.6129, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,174 MKD

2023 Average 2,837 MKD

Yearly Trough Low 2,945 MKD

Transaction Impact: A difference of 229.43 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6309

0.5889

JanuMarcMayJulySeptNove

ALL 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 0.6021, compared to 0.6209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0188 points.

H1 Avg (Jan–Jun) 0.6021

H2 Avg (Jul–Dec) 0.6209

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0148 MKD (High: 0.6123 / Low: 0.5975). On the other end, July was the most stable month, with a tight range of 0.0040 MKD (High: 0.6153 / Low: 0.6114).

April Spread (Volatile) ±0.0148

July Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0015 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.6274) against the same month in 2023 (average: 0.5930), the exchange rate shifted by +0.0344 (+5.80%).

2024 Avg (November) 0.6274

2023 Avg (November) 0.5930

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5970	0.5890	0.5924
February	0.5955	0.5898	0.5929
March	0.6007	0.5919	0.5953
April	0.6123	0.5975	0.6069
May	0.6159	0.6081	0.6122
June	0.6172	0.6091	0.6132
July	0.6153	0.6114	0.6136
August	0.6205	0.6127	0.6158
September	0.6255	0.6167	0.6193
October	0.6261	0.6178	0.6237
November	0.6349	0.6218	0.6274
December	0.6297	0.6225	0.6259