2023 LYD to MKD Historical Review

YEARLY HIGH

12.1862 MKD

YEARLY LOW

11.5395 MKD

YEARLY AVERAGE

11.8396 MKD

2023 LYD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LYD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 12.1862. Conversely, the yearly low was recorded on July 17, dropping to 11.5395.

This high-to-low spread represents a total annual volatility of 0.6466 MKD. From a start-to-finish perspective, comparing the January average rate of 11.9595 to the December average rate of 11.7283, the exchange rate registered a net change of -1.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.1862 was down 4.44% compared to the 2022 peak of 12.7520, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,931 MKD

2022 Average 60,929 MKD

Yearly Trough Low 57,698 MKD

Transaction Impact: A difference of 3,233.21 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.0311

11.6466

JanuMarcMayJulySeptNove

LYD 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 11.8981, compared to 11.7812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1169 points.

H1 Avg (Jan–Jun) 11.8981

H2 Avg (Jul–Dec) 11.7812

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.3561 MKD (High: 11.9681 / Low: 11.6120). On the other end, August was the most stable month, with a tight range of 0.1731 MKD (High: 11.8218 / Low: 11.6487).

November Spread (Volatile) ±0.3561

August Spread (Stable) ±0.1731

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.1857 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1857

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 11.9595) against the same month in 2022 (average: 11.8616), the exchange rate shifted by +0.0979 (+0.82%).

2023 Avg (January) 11.9595

2022 Avg (January) 11.8616

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.1862	11.8456	11.9595
February	12.0935	11.8703	11.9990
March	12.1210	11.8094	11.9757
April	11.9187	11.6720	11.7899
May	11.9537	11.6906	11.8527
June	11.9498	11.6683	11.8118
July	11.8116	11.5395	11.6787
August	11.8218	11.6487	11.7378
September	11.9813	11.8045	11.8799
October	12.0154	11.7919	11.9082
November	11.9681	11.6120	11.7542
December	11.8273	11.6019	11.7283