2024 LBP to MKD Historical Review

YEARLY HIGH

0.0038 MKD

YEARLY LOW

0.0006 MKD

YEARLY AVERAGE

0.0011 MKD

2024 LBP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0038. Conversely, the yearly low was recorded on August 24, dropping to 0.0006.

This high-to-low spread represents a total annual volatility of 0.0032 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0007, the exchange rate registered a net change of -82.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0038 was down 90.12% compared to the 2023 peak of 0.0387, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19 MKD

2023 Average 36 MKD

Yearly Trough Low 3 MKD

Transaction Impact: A difference of 16.06 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0041

0.0003

JanuMarcMayJulySeptNove

LBP 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 0.0015, compared to 0.0006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0015

H2 Avg (Jul–Dec) 0.0006

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0032 MKD (High: 0.0038 / Low: 0.0006). On the other end, September was the most stable month, with a tight range of 0.0000 MKD (High: 0.0006 / Low: 0.0006).

February Spread (Volatile) ±0.0032

September 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 February and March, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0029) against the same month in 2023 (average: 0.0098), the exchange rate shifted by -0.0069 (-70.21%).

2024 Avg (February) 0.0029

2023 Avg (February) 0.0098

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0038	0.0037	0.0038
February	0.0038	0.0006	0.0029
March	0.0006	0.0006	0.0006
April	0.0006	0.0006	0.0006
May	0.0006	0.0006	0.0006
June	0.0006	0.0006	0.0006
July	0.0006	0.0006	0.0006
August	0.0006	0.0006	0.0006
September	0.0006	0.0006	0.0006
October	0.0006	0.0006	0.0006
November	0.0007	0.0006	0.0006
December	0.0007	0.0006	0.0007