2024 KGS to MKD Historical Review

YEARLY HIGH

0.6830 MKD

YEARLY LOW

0.6258 MKD

YEARLY AVERAGE

0.6532 MKD

2024 KGS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.6830. Conversely, the yearly low was recorded on January 1, dropping to 0.6258.

This high-to-low spread represents a total annual volatility of 0.0571 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6319 to the December average rate of 0.6758, the exchange rate registered a net change of 6.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6830 was down 2.29% compared to the 2023 peak of 0.6989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,415 MKD

2023 Average 3,241 MKD

Yearly Trough Low 3,129 MKD

Transaction Impact: A difference of 285.64 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6802

0.6275

JanuMarcMayJulySeptNove

KGS 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 0.6416, compared to 0.6647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.6416

H2 Avg (Jul–Dec) 0.6647

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0361 MKD (High: 0.6794 / Low: 0.6433). On the other end, March was the most stable month, with a tight range of 0.0086 MKD (High: 0.6376 / Low: 0.6290).

August Spread (Volatile) ±0.0361

March Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between March and July, 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 0.0110 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.6703) against the same month in 2023 (average: 0.6388), the exchange rate shifted by +0.0315 (+4.94%).

2024 Avg (November) 0.6703

2023 Avg (November) 0.6388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6367	0.6258	0.6319
February	0.6432	0.6328	0.6379
March	0.6376	0.6290	0.6330
April	0.6512	0.6357	0.6448
May	0.6511	0.6407	0.6452
June	0.6662	0.6434	0.6568
July	0.6780	0.6604	0.6672
August	0.6794	0.6433	0.6562
September	0.6636	0.6530	0.6570
October	0.6677	0.6553	0.6619
November	0.6830	0.6538	0.6703
December	0.6824	0.6699	0.6758