2024 CZK to MKD Historical Review

YEARLY HIGH

2.5095 MKD

YEARLY LOW

2.4110 MKD

YEARLY AVERAGE

2.4503 MKD

2024 CZK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CZK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 2.5095. Conversely, the yearly low was recorded on October 3, dropping to 2.4110.

This high-to-low spread represents a total annual volatility of 0.0985 MKD. From a start-to-finish perspective, comparing the January average rate of 2.4890 to the December average rate of 2.4475, the exchange rate registered a net change of -1.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5095 was down 5.63% compared to the 2023 peak of 2.6594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,548 MKD

2023 Average 12,831 MKD

Yearly Trough Low 12,055 MKD

Transaction Impact: A difference of 492.55 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4948

2.4245

JanuMarcMayJulySeptNove

CZK 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 2.4600, compared to 2.4407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 2.4600

H2 Avg (Jul–Dec) 2.4407

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0618 MKD (High: 2.4795 / Low: 2.4177). On the other end, November was the most stable month, with a tight range of 0.0236 MKD (High: 2.4407 / Low: 2.4171).

February Spread (Volatile) ±0.0618

November Spread (Stable) ±0.0236

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 January and February, when the average rate fell by 0.0500 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 2.4826) against the same month in 2023 (average: 2.6016), the exchange rate shifted by -0.1190 (-4.57%).

2024 Avg (June) 2.4826

2023 Avg (June) 2.6016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5078	2.4658	2.4890
February	2.4795	2.4177	2.4390
March	2.4514	2.4134	2.4333
April	2.4491	2.4184	2.4357
May	2.5006	2.4517	2.4804
June	2.5095	2.4556	2.4826
July	2.4510	2.4207	2.4350
August	2.4668	2.4316	2.4470
September	2.4616	2.4363	2.4524
October	2.4498	2.4110	2.4320
November	2.4407	2.4171	2.4303
December	2.4598	2.4268	2.4475