2023 KMF to MKD Historical Review

YEARLY HIGH

0.1269 MKD

YEARLY LOW

0.1227 MKD

YEARLY AVERAGE

0.1250 MKD

2023 KMF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.1269. Conversely, the yearly low was recorded on December 14, dropping to 0.1227.

This high-to-low spread represents a total annual volatility of 0.0042 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1251 to the December average rate of 0.1250, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1269 was down 2.38% compared to the 2022 peak of 0.1300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 635 MKD

2022 Average 627 MKD

Yearly Trough Low 614 MKD

Transaction Impact: A difference of 20.92 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1251

0.1248

JanuMarcMayJulySeptNove

KMF 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 0.1250, compared to 0.1250 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1250

H2 Avg (Jul–Dec) 0.1250

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0036 MKD (High: 0.1268 / Low: 0.1232). On the other end, September was the most stable month, with a tight range of 0.0013 MKD (High: 0.1260 / Low: 0.1247).

March Spread (Volatile) ±0.0036

September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1251) against the same month in 2022 (average: 0.1252), the exchange rate shifted by -0.0001 (-0.09%).

2023 Avg (January) 0.1251

2022 Avg (January) 0.1252

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1269	0.1238	0.1251
February	0.1261	0.1244	0.1250
March	0.1268	0.1232	0.1249
April	0.1265	0.1239	0.1250
May	0.1260	0.1242	0.1251
June	0.1260	0.1242	0.1250
July	0.1267	0.1243	0.1250
August	0.1261	0.1242	0.1250
September	0.1260	0.1247	0.1251
October	0.1255	0.1242	0.1249
November	0.1258	0.1228	0.1248
December	0.1262	0.1227	0.1250