2024 MKD to GTQ Historical Review

YEARLY HIGH

0.1407 GTQ

YEARLY LOW

0.1298 GTQ

YEARLY AVERAGE

0.1365 GTQ

2024 MKD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.1407. Conversely, the yearly low was recorded on December 19, dropping to 0.1298.

This high-to-low spread represents a total annual volatility of 0.0110 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1386 to the December average rate of 0.1312, the exchange rate registered a net change of -5.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1407 was down 1.70% compared to the 2023 peak of 0.1431, 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 704 GTQ

2023 Average 688 GTQ

Yearly Trough Low 649 GTQ

Transaction Impact: A difference of 54.77 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1404

0.1304

JanuMarcMayJulySeptNove

MKD to GTQ 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 0.1368, compared to 0.1361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1368

H2 Avg (Jul–Dec) 0.1361

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0063 GTQ (High: 0.1370 / Low: 0.1307). On the other end, September was the most stable month, with a tight range of 0.0021 GTQ (High: 0.1404 / Low: 0.1383).

November Spread (Volatile) ±0.0063

September Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1385) against the same month in 2023 (average: 0.1392), the exchange rate shifted by -0.0007 (-0.49%).

2024 Avg (August) 0.1385

2023 Avg (August) 0.1392

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1407	0.1374	0.1386
February	0.1382	0.1357	0.1369
March	0.1389	0.1365	0.1377
April	0.1374	0.1340	0.1355
May	0.1374	0.1346	0.1364
June	0.1376	0.1347	0.1358
July	0.1378	0.1356	0.1368
August	0.1407	0.1356	0.1385
September	0.1404	0.1383	0.1396
October	0.1399	0.1354	0.1371
November	0.1370	0.1307	0.1335
December	0.1327	0.1298	0.1312