2024 MKD to BAM Historical Review

YEARLY HIGH

0.0320 BAM

YEARLY LOW

0.0314 BAM

YEARLY AVERAGE

0.0318 BAM

2024 MKD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0320. Conversely, the yearly low was recorded on April 10, dropping to 0.0314.

This high-to-low spread represents a total annual volatility of 0.0006 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0318 to the December average rate of 0.0318, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0320 was down 0.61% compared to the 2023 peak of 0.0322, 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 160 BAM

2023 Average 159 BAM

Yearly Trough Low 157 BAM

Transaction Impact: A difference of 2.92 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0318

0.0317

JanuMarcMayJulySeptNove

MKD to BAM 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 0.0318, compared to 0.0318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0318

H2 Avg (Jul–Dec) 0.0318

Volatility Range Comparison

Volatility

The most volatile month in 2024 was April, with a trading range of 0.0004 BAM (High: 0.0319 / Low: 0.0314). On the other end, July was the most stable month, with a tight range of 0.0002 BAM (High: 0.0319 / Low: 0.0317).

April Spread (Volatile) ±0.0004

July Spread (Stable) ±0.0002

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 0.0000 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.0318) against the same month in 2023 (average: 0.0318), the exchange rate shifted by +0.0000 (+0.03%).

2024 Avg (October) 0.0318

2023 Avg (October) 0.0318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0319	0.0317	0.0318
February	0.0319	0.0315	0.0318
March	0.0319	0.0316	0.0318
April	0.0319	0.0314	0.0317
May	0.0319	0.0317	0.0318
June	0.0320	0.0316	0.0318
July	0.0319	0.0317	0.0318
August	0.0320	0.0317	0.0318
September	0.0319	0.0316	0.0318
October	0.0320	0.0317	0.0318
November	0.0319	0.0316	0.0318
December	0.0319	0.0316	0.0318