2024 MKD to ALL Historical Review

YEARLY HIGH

1.6978 ALL

YEARLY LOW

1.5751 ALL

YEARLY AVERAGE

1.6358 ALL

2024 MKD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 1.6978. Conversely, the yearly low was recorded on November 22, dropping to 1.5751.

This high-to-low spread represents a total annual volatility of 0.1227 ALL. From a start-to-finish perspective, comparing the January average rate of 1.6882 to the December average rate of 1.5977, the exchange rate registered a net change of -5.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.6978 was down 11.84% compared to the 2023 peak of 1.9259, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,489 ALL

2023 Average 8,830 ALL

Yearly Trough Low 7,875 ALL

Transaction Impact: A difference of 613.53 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.6976

1.5846

JanuMarcMayJulySeptNove

MKD to ALL 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 1.6611, compared to 1.6106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0506 points.

H1 Avg (Jan–Jun) 1.6611

H2 Avg (Jul–Dec) 1.6106

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0405 ALL (High: 1.6737 / Low: 1.6332). On the other end, July was the most stable month, with a tight range of 0.0105 ALL (High: 1.6357 / Low: 1.6252).

April Spread (Volatile) ±0.0405

July Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0320 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.6882) against the same month in 2023 (average: 1.8876), the exchange rate shifted by -0.1994 (-10.56%).

2024 Avg (January) 1.6882

2023 Avg (January) 1.8876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6978	1.6752	1.6882
February	1.6954	1.6791	1.6867
March	1.6896	1.6649	1.6798
April	1.6737	1.6332	1.6478
May	1.6444	1.6236	1.6334
June	1.6417	1.6203	1.6308
July	1.6357	1.6252	1.6297
August	1.6321	1.6117	1.6238
September	1.6216	1.5987	1.6147
October	1.6187	1.5972	1.6035
November	1.6082	1.5751	1.5940
December	1.6066	1.5879	1.5977