2024 MKD to CZK Historical Review

YEARLY HIGH

0.4148 CZK

YEARLY LOW

0.3985 CZK

YEARLY AVERAGE

0.4081 CZK

2024 MKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.4148. Conversely, the yearly low was recorded on June 6, dropping to 0.3985.

This high-to-low spread represents a total annual volatility of 0.0163 CZK. From a start-to-finish perspective, comparing the January average rate of 0.4018 to the December average rate of 0.4086, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4148 was up 2.96% compared to the 2023 peak of 0.4029, 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 2,074 CZK

2023 Average 1,949 CZK

Yearly Trough Low 1,992 CZK

Transaction Impact: A difference of 81.41 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4124

0.4008

JanuMarcMayJulySeptNove

MKD to CZK 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 0.4066, compared to 0.4097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.4066

H2 Avg (Jul–Dec) 0.4097

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0103 CZK (High: 0.4136 / Low: 0.4033). On the other end, November was the most stable month, with a tight range of 0.0040 CZK (High: 0.4137 / Low: 0.4097).

February Spread (Volatile) ±0.0103

November Spread (Stable) ±0.0040

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 0.0074 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.4112) against the same month in 2023 (average: 0.3995), the exchange rate shifted by +0.0117 (+2.93%).

2024 Avg (October) 0.4112

2023 Avg (October) 0.3995

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4056	0.3988	0.4018
February	0.4136	0.4033	0.4100
March	0.4144	0.4079	0.4110
April	0.4135	0.4083	0.4106
May	0.4079	0.3999	0.4032
June	0.4072	0.3985	0.4028
July	0.4131	0.4080	0.4107
August	0.4113	0.4054	0.4087
September	0.4105	0.4062	0.4078
October	0.4148	0.4082	0.4112
November	0.4137	0.4097	0.4115
December	0.4121	0.4065	0.4086