2024 LKR to MKD Historical Review

YEARLY HIGH

0.2029 MKD

YEARLY LOW

0.1717 MKD

YEARLY AVERAGE

0.1887 MKD

2024 LKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.2029. Conversely, the yearly low was recorded on January 1, dropping to 0.1717.

This high-to-low spread represents a total annual volatility of 0.0313 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1757 to the December average rate of 0.2013, the exchange rate registered a net change of 14.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2029 was up 2.17% compared to the 2023 peak of 0.1986, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,015 MKD

2023 Average 869 MKD

Yearly Trough Low 858 MKD

Transaction Impact: A difference of 156.45 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2039

0.1731

JanuMarcMayJulySeptNove

LKR 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 0.1858, compared to 0.1916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0058 points.

H1 Avg (Jan–Jun) 0.1858

H2 Avg (Jul–Dec) 0.1916

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0107 MKD (High: 0.2029 / Low: 0.1922). On the other end, June was the most stable month, with a tight range of 0.0026 MKD (High: 0.1894 / Low: 0.1868).

November Spread (Volatile) ±0.0107

June Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0021 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.1983) against the same month in 2023 (average: 0.1738), the exchange rate shifted by +0.0245 (+14.10%).

2024 Avg (November) 0.1983

2023 Avg (November) 0.1738

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1796	0.1717	0.1757
February	0.1840	0.1796	0.1826
March	0.1901	0.1829	0.1857
April	0.1940	0.1898	0.1921
May	0.1937	0.1876	0.1903
June	0.1894	0.1868	0.1882
July	0.1884	0.1852	0.1869
August	0.1886	0.1834	0.1863
September	0.1866	0.1809	0.1842
October	0.1946	0.1877	0.1924
November	0.2029	0.1922	0.1983
December	0.2026	0.1994	0.2013