2024 DJF to MKD Historical Review

YEARLY HIGH

0.3338 MKD

YEARLY LOW

0.3076 MKD

YEARLY AVERAGE

0.3200 MKD

2024 DJF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DJF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.3338. Conversely, the yearly low was recorded on September 25, dropping to 0.3076.

This high-to-low spread represents a total annual volatility of 0.0262 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3170 to the December average rate of 0.3302, the exchange rate registered a net change of 4.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3338 was up 0.99% compared to the 2023 peak of 0.3306, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,669 MKD

2023 Average 1,601 MKD

Yearly Trough Low 1,538 MKD

Transaction Impact: A difference of 131.09 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3321

0.3095

JanuMarcMayJulySeptNove

DJF 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 0.3202, compared to 0.3197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.3202

H2 Avg (Jul–Dec) 0.3197

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0159 MKD (High: 0.3328 / Low: 0.3169). On the other end, March was the most stable month, with a tight range of 0.0044 MKD (High: 0.3208 / Low: 0.3164).

November Spread (Volatile) ±0.0159

March Spread (Stable) ±0.0044

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 0.0044 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3302) against the same month in 2023 (average: 0.3166), the exchange rate shifted by +0.0136 (+4.30%).

2024 Avg (December) 0.3302

2023 Avg (December) 0.3166

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3199	0.3135	0.3170
February	0.3236	0.3174	0.3206
March	0.3208	0.3164	0.3186
April	0.3264	0.3188	0.3230
May	0.3250	0.3180	0.3205
June	0.3248	0.3174	0.3217
July	0.3229	0.3162	0.3191
August	0.3224	0.3099	0.3147
September	0.3143	0.3076	0.3114
October	0.3212	0.3105	0.3175
November	0.3328	0.3169	0.3255
December	0.3338	0.3264	0.3302