2024 GYD to MKD Historical Review

YEARLY HIGH

0.2837 MKD

YEARLY LOW

0.2630 MKD

YEARLY AVERAGE

0.2719 MKD

2024 GYD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GYD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2837. Conversely, the yearly low was recorded on March 13, dropping to 0.2630.

This high-to-low spread represents a total annual volatility of 0.0206 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2695 to the December average rate of 0.2809, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2837 was up 1.15% compared to the 2023 peak of 0.2805, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,418 MKD

2023 Average 1,355 MKD

Yearly Trough Low 1,315 MKD

Transaction Impact: A difference of 103.25 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2825

0.2632

JanuMarcMayJulySeptNove

GYD 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 0.2721, compared to 0.2718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2721

H2 Avg (Jul–Dec) 0.2718

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0131 MKD (High: 0.2823 / Low: 0.2692). On the other end, September was the most stable month, with a tight range of 0.0040 MKD (High: 0.2672 / Low: 0.2631).

November Spread (Volatile) ±0.0131

September Spread (Stable) ±0.0040

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 0.0039 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2809) against the same month in 2023 (average: 0.2692), the exchange rate shifted by +0.0117 (+4.35%).

2024 Avg (December) 0.2809

2023 Avg (December) 0.2692

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2717	0.2655	0.2695
February	0.2750	0.2701	0.2725
March	0.2728	0.2630	0.2705
April	0.2773	0.2707	0.2744
May	0.2759	0.2703	0.2722
June	0.2755	0.2697	0.2734
July	0.2739	0.2689	0.2713
August	0.2731	0.2631	0.2674
September	0.2672	0.2631	0.2648
October	0.2731	0.2643	0.2698
November	0.2823	0.2692	0.2766
December	0.2837	0.2779	0.2809