2024 MKD to AUD Historical Review

YEARLY HIGH

0.0273 AUD

YEARLY LOW

0.0259 AUD

YEARLY AVERAGE

0.0266 AUD

2024 MKD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0273. Conversely, the yearly low was recorded on November 24, dropping to 0.0259.

This high-to-low spread represents a total annual volatility of 0.0014 AUD. From a start-to-finish perspective, comparing the January average rate of 0.0267 to the December average rate of 0.0269, the exchange rate registered a net change of 0.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0273 was down 1.48% compared to the 2023 peak of 0.0277, 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 137 AUD

2023 Average 132 AUD

Yearly Trough Low 129 AUD

Transaction Impact: A difference of 7.05 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0270

0.0263

JanuMarcMayJulySeptNove

MKD to AUD 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 0.0267, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0267

H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0011 AUD (High: 0.0270 / Low: 0.0259). On the other end, March was the most stable month, with a tight range of 0.0004 AUD (High: 0.0271 / Low: 0.0267).

November Spread (Volatile) ±0.0011

March Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0269) against the same month in 2023 (average: 0.0265), the exchange rate shifted by +0.0005 (+1.75%).

2024 Avg (December) 0.0269

2023 Avg (December) 0.0265

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0270	0.0263	0.0267
February	0.0271	0.0267	0.0269
March	0.0271	0.0267	0.0269
April	0.0270	0.0265	0.0268
May	0.0267	0.0263	0.0265
June	0.0267	0.0261	0.0263
July	0.0270	0.0260	0.0264
August	0.0273	0.0265	0.0269
September	0.0270	0.0262	0.0267
October	0.0269	0.0261	0.0264
November	0.0270	0.0259	0.0265
December	0.0273	0.0263	0.0269