YEARLY HIGH
0.4538 MKD
YEARLY LOW
0.4168 MKD
YEARLY AVERAGE
0.4311 MKD

2024 HTG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HTG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.4538. Conversely, the yearly low was recorded on September 26, dropping to 0.4168.

This high-to-low spread represents a total annual volatility of 0.0370 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4284 to the December average rate of 0.4490, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4538 was up 2.90% compared to the 2023 peak of 0.4410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,269 MKD
2023 Average 2,017 MKD
Yearly Trough Low 2,084 MKD
Transaction Impact: A difference of 184.92 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4518
0.4173
JanuMarcMayJulySeptNove

HTG 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 0.4302, compared to 0.4320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.4302
H2 Avg (Jul–Dec) 0.4320

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0219 MKD (High: 0.4500 / Low: 0.4280). On the other end, July was the most stable month, with a tight range of 0.0061 MKD (High: 0.4324 / Low: 0.4263).

November Spread (Volatile) ±0.0219
July Spread (Stable) ±0.0061

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 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4490) against the same month in 2023 (average: 0.4264), the exchange rate shifted by +0.0225 (+5.28%).

2024 Avg (December) 0.4490
2023 Avg (December) 0.4264

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4327 0.4216 0.4284
February 0.4366 0.4268 0.4319
March 0.4306 0.4242 0.4274
April 0.4378 0.4275 0.4333
May 0.4356 0.4265 0.4292
June 0.4347 0.4252 0.4312
July 0.4324 0.4263 0.4295
August 0.4324 0.4175 0.4243
September 0.4241 0.4168 0.4202
October 0.4339 0.4191 0.4284
November 0.4500 0.4280 0.4404
December 0.4538 0.4436 0.4490