2024 BTN to MKD Historical Review

YEARLY HIGH

0.6998 MKD

YEARLY LOW

0.6561 MKD

YEARLY AVERAGE

0.6802 MKD

2024 BTN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.6998. Conversely, the yearly low was recorded on August 24, dropping to 0.6561.

This high-to-low spread represents a total annual volatility of 0.0437 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6787 to the December average rate of 0.6914, the exchange rate registered a net change of 1.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6998 was down 1.76% compared to the 2023 peak of 0.7123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,499 MKD

2023 Average 3,449 MKD

Yearly Trough Low 3,280 MKD

Transaction Impact: A difference of 218.58 MKD purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2024 সাল জুড়ে মাসিক গড় ওঠানামা।

0.6944

0.6581

JanuMarcMayJulySeptNove

BTN 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 0.6843, compared to 0.6760 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.6843

H2 Avg (Jul–Dec) 0.6760

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0301 MKD (High: 0.6998 / Low: 0.6697). On the other end, September was the most stable month, with a tight range of 0.0081 MKD (High: 0.6658 / Low: 0.6578).

November Spread (Volatile) ±0.0301

September Spread (Stable) ±0.0081

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 0.0122 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.6862) against the same month in 2023 (average: 0.6846), the exchange rate shifted by +0.0016 (+0.24%).

2024 Avg (November) 0.6862

2023 Avg (November) 0.6846

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	0.6850	0.6683	0.6787
February	0.6934	0.6818	0.6873
March	0.6880	0.6795	0.6826
April	0.6954	0.6814	0.6890
May	0.6881	0.6784	0.6831
June	0.6899	0.6776	0.6852
July	0.6865	0.6734	0.6790
August	0.6823	0.6561	0.6667
September	0.6658	0.6578	0.6611
October	0.6785	0.6587	0.6716
November	0.6998	0.6697	0.6862
December	0.6976	0.6863	0.6914

2024 BTN থেকে MKD-এর ঐতিহাসিক পর্যালোচনা