2024 DZD to MKD Historical Review

YEARLY HIGH

0.4411 MKD

YEARLY LOW

0.4090 MKD

YEARLY AVERAGE

0.4242 MKD

2024 DZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.4411. Conversely, the yearly low was recorded on August 25, dropping to 0.4090.

This high-to-low spread represents a total annual volatility of 0.0321 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4192 to the December average rate of 0.4373, the exchange rate registered a net change of 4.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4411 was up 2.35% compared to the 2023 peak of 0.4310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,206 MKD

2023 Average 2,094 MKD

Yearly Trough Low 2,045 MKD

Transaction Impact: A difference of 160.64 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4394

0.4143

JanuMarcMayJulySeptNove

DZD 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 0.4232, compared to 0.4252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.4232

H2 Avg (Jul–Dec) 0.4252

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0166 MKD (High: 0.4401 / Low: 0.4235). On the other end, March was the most stable month, with a tight range of 0.0055 MKD (High: 0.4235 / Low: 0.4181).

November Spread (Volatile) ±0.0166

March Spread (Stable) ±0.0055

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 July and August, when the average rate fell by 0.0057 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4373) against the same month in 2023 (average: 0.4192), the exchange rate shifted by +0.0181 (+4.33%).

2024 Avg (December) 0.4373

2023 Avg (December) 0.4192

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4222	0.4147	0.4192
February	0.4273	0.4201	0.4238
March	0.4235	0.4181	0.4209
April	0.4305	0.4212	0.4267
May	0.4288	0.4200	0.4233
June	0.4279	0.4187	0.4251
July	0.4260	0.4185	0.4221
August	0.4242	0.4090	0.4164
September	0.4212	0.4157	0.4182
October	0.4276	0.4163	0.4236
November	0.4401	0.4235	0.4335
December	0.4411	0.4352	0.4373