2024 MKD to HUF Historical Review

YEARLY HIGH

6.7677 HUF

YEARLY LOW

6.1383 HUF

YEARLY AVERAGE

6.4242 HUF

2024 MKD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 6.7677. Conversely, the yearly low was recorded on January 8, dropping to 6.1383.

This high-to-low spread represents a total annual volatility of 0.6294 HUF. From a start-to-finish perspective, comparing the January average rate of 6.2098 to the December average rate of 6.6987, the exchange rate registered a net change of 7.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.7677 was up 3.72% compared to the 2023 peak of 6.5252, 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 33,839 HUF

2023 Average 30,990 HUF

Yearly Trough Low 30,691 HUF

Transaction Impact: A difference of 3,147.08 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.7476

6.1609

JanuMarcMayJulySeptNove

MKD to HUF 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 6.3346, compared to 6.5138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1792 points.

H1 Avg (Jan–Jun) 6.3346

H2 Avg (Jul–Dec) 6.5138

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.1784 HUF (High: 6.3167 / Low: 6.1383). On the other end, September was the most stable month, with a tight range of 0.0791 HUF (High: 6.4568 / Low: 6.3776).

January Spread (Volatile) ±0.1784

September Spread (Stable) ±0.0791

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0866 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0866

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 6.6987) against the same month in 2023 (average: 6.1995), the exchange rate shifted by +0.4993 (+8.05%).

2024 Avg (December) 6.6987

2023 Avg (December) 6.1995

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.3167	6.1383	6.2098
February	6.3872	6.2133	6.3016
March	6.4980	6.3726	6.4175
April	6.4134	6.3274	6.3783
May	6.3397	6.2314	6.2918
June	6.4755	6.3264	6.4086
July	6.4173	6.3245	6.3732
August	6.4702	6.3493	6.4083
September	6.4568	6.3776	6.4136
October	6.6328	6.4849	6.5326
November	6.7229	6.5785	6.6564
December	6.7677	6.6443	6.6987