2024 FJD to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 FJD to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the FJD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 25.9568. Conversely, the yearly low was recorded on September 16, dropping to 24.7575.
This high-to-low spread represents a total annual volatility of 1.1993 MKD. From a start-to-finish perspective, comparing the January average rate of 25.2517 to the December average rate of 25.4567, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 25.9568 was down 3.36% compared to the 2023 peak of 26.8595, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FJD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
FJD to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.2981, compared to 25.2844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0137 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 1.1278 MKD (High: 25.9568 / Low: 24.8289). On the other end, April was the most stable month, with a tight range of 0.4324 MKD (High: 25.5090 / Low: 25.0765).
Growth Streaks & Declines
TrendsBetween August and November, 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 0.2336 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2024: 25.5369) against the same month in 2023 (average: 25.2082), the exchange rate shifted by +0.3287 (+1.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.4625 | 24.9484 | 25.2517 |
| February | 25.5302 | 24.9942 | 25.3610 |
| March | 25.3888 | 24.8626 | 25.1545 |
| April | 25.5090 | 25.0765 | 25.3380 |
| May | 25.5134 | 25.0182 | 25.2388 |
| June | 25.7049 | 24.9799 | 25.4445 |
| July | 25.5469 | 25.0881 | 25.2857 |
| August | 25.2487 | 24.7911 | 25.0520 |
| September | 25.2980 | 24.7575 | 25.0953 |
| October | 25.5037 | 24.8729 | 25.2797 |
| November | 25.9568 | 24.8289 | 25.5369 |
| December | 25.7960 | 25.2299 | 25.4567 |