2024 KPW to MKD Historical Review

YEARLY HIGH

0.0660 MKD

YEARLY LOW

0.0610 MKD

YEARLY AVERAGE

0.0632 MKD

2024 KPW to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KPW to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0660. Conversely, the yearly low was recorded on August 25, dropping to 0.0610.

This high-to-low spread represents a total annual volatility of 0.0050 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0627 to the December average rate of 0.0653, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0660 was up 1.03% compared to the 2023 peak of 0.0653, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 330 MKD

2023 Average 316 MKD

Yearly Trough Low 305 MKD

Transaction Impact: A difference of 24.80 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0656

0.0612

JanuMarcMayJulySeptNove

KPW 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 0.0633, compared to 0.0632 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) 0.0633

H2 Avg (Jul–Dec) 0.0632

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0030 MKD (High: 0.0656 / Low: 0.0626). On the other end, March was the most stable month, with a tight range of 0.0009 MKD (High: 0.0634 / Low: 0.0625).

November Spread (Volatile) ±0.0030

March Spread (Stable) ±0.0009

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0653) against the same month in 2023 (average: 0.0627), the exchange rate shifted by +0.0026 (+4.16%).

2024 Avg (December) 0.0653

2023 Avg (December) 0.0627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0632	0.0619	0.0627
February	0.0639	0.0628	0.0634
March	0.0634	0.0625	0.0629
April	0.0645	0.0630	0.0638
May	0.0642	0.0628	0.0633
June	0.0640	0.0627	0.0636
July	0.0637	0.0625	0.0630
August	0.0634	0.0610	0.0621
September	0.0621	0.0612	0.0616
October	0.0634	0.0615	0.0627
November	0.0656	0.0626	0.0643
December	0.0660	0.0646	0.0653