2024 AZN to MKD Historical Review

YEARLY HIGH

34.9204 MKD

YEARLY LOW

32.2943 MKD

YEARLY AVERAGE

33.4664 MKD

2024 AZN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 34.9204. Conversely, the yearly low was recorded on August 25, dropping to 32.2943.

This high-to-low spread represents a total annual volatility of 2.6261 MKD. From a start-to-finish perspective, comparing the January average rate of 33.1676 to the December average rate of 34.5493, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 34.9204 was up 1.03% compared to the 2023 peak of 34.5658, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 174,602 MKD

2023 Average 167,457 MKD

Yearly Trough Low 161,471 MKD

Transaction Impact: A difference of 13,130.63 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

34.7449

32.3974

JanuMarcMayJulySeptNove

AZN 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 33.4902, compared to 33.4426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0477 points.

H1 Avg (Jan–Jun) 33.4902

H2 Avg (Jul–Dec) 33.4426

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.6103 MKD (High: 34.7508 / Low: 33.1404). On the other end, March was the most stable month, with a tight range of 0.4528 MKD (High: 33.5452 / Low: 33.0924).

November Spread (Volatile) ±1.6103

March Spread (Stable) ±0.4528

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 July and August, when the average rate fell by 0.5018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 34.5493) against the same month in 2023 (average: 33.1690), the exchange rate shifted by +1.3803 (+4.16%).

2024 Avg (December) 34.5493

2023 Avg (December) 33.1690

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.4525	32.7957	33.1676
February	33.8385	33.2506	33.5539
March	33.5452	33.0924	33.3053
April	34.1328	33.3442	33.7731
May	33.9653	33.2625	33.4944
June	33.8856	33.1932	33.6469
July	33.7147	33.0832	33.3757
August	33.5844	32.2943	32.8739
September	32.8694	32.3873	32.5930
October	33.5822	32.5564	33.2162
November	34.7508	33.1404	34.0473
December	34.9204	34.2019	34.5493