2024 KZT to MKD Historical Review

YEARLY HIGH

0.1305 MKD

YEARLY LOW

0.1113 MKD

YEARLY AVERAGE

0.1214 MKD

2024 KZT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1305. Conversely, the yearly low was recorded on December 4, dropping to 0.1113.

This high-to-low spread represents a total annual volatility of 0.0192 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1249 to the December average rate of 0.1127, the exchange rate registered a net change of -9.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1305 was down 3.12% compared to the 2023 peak of 0.1347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 653 MKD

2023 Average 624 MKD

Yearly Trough Low 556 MKD

Transaction Impact: A difference of 96.13 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1304

0.1111

JanuMarcMayJulySeptNove

KZT 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 0.1267, compared to 0.1162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.1267

H2 Avg (Jul–Dec) 0.1162

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0062 MKD (High: 0.1204 / Low: 0.1142). On the other end, September was the most stable month, with a tight range of 0.0025 MKD (High: 0.1170 / Low: 0.1145).

August Spread (Volatile) ±0.0062

September Spread (Stable) ±0.0025

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 June and July, when the average rate fell by 0.0060 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1288) against the same month in 2023 (average: 0.1271), the exchange rate shifted by +0.0017 (+1.34%).

2024 Avg (May) 0.1288

2023 Avg (May) 0.1271

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1276	0.1217	0.1249
February	0.1283	0.1250	0.1266
March	0.1277	0.1250	0.1261
April	0.1302	0.1269	0.1287
May	0.1305	0.1269	0.1288
June	0.1276	0.1216	0.1254
July	0.1212	0.1183	0.1194
August	0.1204	0.1142	0.1168
September	0.1170	0.1145	0.1153
October	0.1180	0.1136	0.1162
November	0.1185	0.1126	0.1166
December	0.1147	0.1113	0.1127