2024 COP to MKD Historical Review

YEARLY HIGH

0.0151 MKD

YEARLY LOW

0.0127 MKD

YEARLY AVERAGE

0.0140 MKD

2024 COP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 0.0151. Conversely, the yearly low was recorded on November 4, dropping to 0.0127.

This high-to-low spread represents a total annual volatility of 0.0024 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0144 to the December average rate of 0.0134, the exchange rate registered a net change of -7.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0151 was up 2.43% compared to the 2023 peak of 0.0148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75,594 MKD

2023 Average 66,189 MKD

Yearly Trough Low 63,494 MKD

Transaction Impact: A difference of 12,100.18 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0150

0.0130

JanuMarcMayJulySeptNove

COP 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 0.0145, compared to 0.0135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0145

H2 Avg (Jul–Dec) 0.0135

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0010 MKD (High: 0.0147 / Low: 0.0137). On the other end, May was the most stable month, with a tight range of 0.0003 MKD (High: 0.0149 / Low: 0.0146).

June Spread (Volatile) ±0.0010

May Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0149) against the same month in 2023 (average: 0.0124), the exchange rate shifted by +0.0025 (+20.01%).

2024 Avg (April) 0.0149

2023 Avg (April) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0145	0.0142	0.0144
February	0.0147	0.0143	0.0145
March	0.0148	0.0144	0.0145
April	0.0151	0.0145	0.0149
May	0.0149	0.0146	0.0147
June	0.0147	0.0137	0.0141
July	0.0143	0.0138	0.0140
August	0.0141	0.0135	0.0138
September	0.0135	0.0130	0.0132
October	0.0135	0.0128	0.0133
November	0.0135	0.0127	0.0131
December	0.0136	0.0131	0.0134