2024 IRR to MKD Historical Review

YEARLY HIGH

0.0014 MKD

YEARLY LOW

0.0013 MKD

YEARLY AVERAGE

0.0014 MKD

2024 IRR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IRR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0014. Conversely, the yearly low was recorded on August 25, dropping to 0.0013.

This high-to-low spread represents a total annual volatility of 0.0001 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0013 to the December average rate of 0.0014, the exchange rate registered a net change of 3.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0014 was up 0.07% compared to the 2023 peak of 0.0014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7 MKD

2023 Average 7 MKD

Yearly Trough Low 7 MKD

Transaction Impact: A difference of 0.50 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0014

0.0013

JanuMarcMayJulySeptNove

IRR 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 0.0014, compared to 0.0013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0014

H2 Avg (Jul–Dec) 0.0013

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0001 MKD (High: 0.0014 / Low: 0.0013). On the other end, March was the most stable month, with a tight range of 0.0000 MKD (High: 0.0014 / Low: 0.0013).

November Spread (Volatile) ±0.0001

March Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0014) against the same month in 2023 (average: 0.0013), the exchange rate shifted by +0.0001 (+4.28%).

2024 Avg (December) 0.0014

2023 Avg (December) 0.0013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0014	0.0013	0.0013
February	0.0014	0.0013	0.0014
March	0.0014	0.0013	0.0013
April	0.0014	0.0013	0.0014
May	0.0014	0.0013	0.0014
June	0.0014	0.0013	0.0014
July	0.0014	0.0013	0.0013
August	0.0014	0.0013	0.0013
September	0.0013	0.0013	0.0013
October	0.0014	0.0013	0.0013
November	0.0014	0.0013	0.0014
December	0.0014	0.0014	0.0014