2024 LRD to MKD Historical Review

YEARLY HIGH

0.3282 MKD

YEARLY LOW

0.2760 MKD

YEARLY AVERAGE

0.2975 MKD

2024 LRD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.3282. Conversely, the yearly low was recorded on September 20, dropping to 0.2760.

This high-to-low spread represents a total annual volatility of 0.0522 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2982 to the December average rate of 0.3253, the exchange rate registered a net change of 9.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3282 was down 13.68% compared to the 2023 peak of 0.3802, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,641 MKD

2023 Average 1,639 MKD

Yearly Trough Low 1,380 MKD

Transaction Impact: A difference of 260.88 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3294

0.2791

JanuMarcMayJulySeptNove

LRD 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 0.2965, compared to 0.2986 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.2965

H2 Avg (Jul–Dec) 0.2986

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0339 MKD (High: 0.3282 / Low: 0.2943). On the other end, January was the most stable month, with a tight range of 0.0040 MKD (High: 0.2998 / Low: 0.2958).

November Spread (Volatile) ±0.0339

January Spread (Stable) ±0.0040

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 0.0053 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.3131) against the same month in 2023 (average: 0.3033), the exchange rate shifted by +0.0098 (+3.25%).

2024 Avg (November) 0.3131

2023 Avg (November) 0.3033

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2998	0.2958	0.2982
February	0.3020	0.2974	0.2995
March	0.2973	0.2923	0.2943
April	0.3086	0.2936	0.2980
May	0.2986	0.2922	0.2942
June	0.2969	0.2911	0.2947
July	0.2947	0.2882	0.2911
August	0.2921	0.2823	0.2858
September	0.2866	0.2760	0.2833
October	0.2969	0.2856	0.2930
November	0.3282	0.2943	0.3131
December	0.3271	0.3221	0.3253