2024 AUD to MKD Historical Review

YEARLY HIGH

38.6157 MKD

YEARLY LOW

36.6210 MKD

YEARLY AVERAGE

37.5284 MKD

2024 AUD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AUD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 38.6157. Conversely, the yearly low was recorded on December 18, dropping to 36.6210.

This high-to-low spread represents a total annual volatility of 1.9947 MKD. From a start-to-finish perspective, comparing the January average rate of 37.4722 to the December average rate of 37.1463, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 38.6157 was down 4.71% compared to the 2023 peak of 40.5225, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 193,078 MKD

2023 Average 189,154 MKD

Yearly Trough Low 183,105 MKD

Transaction Impact: A difference of 9,973.35 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

38.0773

37.0585

JanuMarcMayJulySeptNove

AUD 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 37.4914, compared to 37.5653 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0739 points.

H1 Avg (Jan–Jun) 37.4914

H2 Avg (Jul–Dec) 37.5653

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.5419 MKD (High: 38.6157 / Low: 37.0738). On the other end, March was the most stable month, with a tight range of 0.5096 MKD (High: 37.4000 / Low: 36.8904).

November Spread (Volatile) ±1.5419

March Spread (Stable) ±0.5096

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.6946 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6946

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 37.8010) against the same month in 2023 (average: 37.0208), the exchange rate shifted by +0.7802 (+2.11%).

2024 Avg (November) 37.8010

2023 Avg (November) 37.0208

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.0401	37.0951	37.4722
February	37.4132	36.8668	37.2297
March	37.4000	36.8904	37.1434
April	37.7033	37.0481	37.3636
May	38.0304	37.4481	37.7474
June	38.3516	37.4531	37.9924
July	38.4117	37.1037	37.8789
August	37.7777	36.6487	37.1843
September	38.1882	36.9892	37.5230
October	38.2734	37.2254	37.8581
November	38.6157	37.0738	37.8010
December	37.9707	36.6210	37.1463