2024 CRC to MKD Historical Review

YEARLY HIGH

0.1180 MKD

YEARLY LOW

0.1043 MKD

YEARLY AVERAGE

0.1104 MKD

2024 CRC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1180. Conversely, the yearly low was recorded on August 27, dropping to 0.1043.

This high-to-low spread represents a total annual volatility of 0.0137 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1091 to the December average rate of 0.1161, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1180 was up 6.94% compared to the 2023 peak of 0.1104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 590 MKD

2023 Average 526 MKD

Yearly Trough Low 522 MKD

Transaction Impact: A difference of 68.39 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1171

0.1056

JanuMarcMayJulySeptNove

CRC 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 0.1108, compared to 0.1100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.1108

H2 Avg (Jul–Dec) 0.1100

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0059 MKD (High: 0.1160 / Low: 0.1100). On the other end, September was the most stable month, with a tight range of 0.0024 MKD (High: 0.1079 / Low: 0.1055).

November Spread (Volatile) ±0.0059

September Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0029 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1161) against the same month in 2023 (average: 0.1074), the exchange rate shifted by +0.0087 (+8.15%).

2024 Avg (December) 0.1161

2023 Avg (December) 0.1074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1113	0.1070	0.1091
February	0.1113	0.1087	0.1106
March	0.1136	0.1100	0.1114
April	0.1159	0.1115	0.1139
May	0.1132	0.1089	0.1111
June	0.1102	0.1068	0.1089
July	0.1092	0.1062	0.1078
August	0.1093	0.1043	0.1065
September	0.1079	0.1055	0.1067
October	0.1109	0.1067	0.1094
November	0.1160	0.1100	0.1134
December	0.1180	0.1146	0.1161