2024 MKD to KGS Historical Review

YEARLY HIGH

1.5979 KGS

YEARLY LOW

1.4642 KGS

YEARLY AVERAGE

1.5318 KGS

2024 MKD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.5979. Conversely, the yearly low was recorded on November 22, dropping to 1.4642.

This high-to-low spread represents a total annual volatility of 0.1337 KGS. From a start-to-finish perspective, comparing the January average rate of 1.5827 to the December average rate of 1.4797, the exchange rate registered a net change of -6.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.5979 was down 0.59% compared to the 2023 peak of 1.6073, 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 7,989 KGS

2023 Average 7,716 KGS

Yearly Trough Low 7,321 KGS

Transaction Impact: A difference of 668.30 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.5930

1.4695

JanuMarcMayJulySeptNove

MKD to KGS 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 1.5589, compared to 1.5046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0543 points.

H1 Avg (Jan–Jun) 1.5589

H2 Avg (Jul–Dec) 1.5046

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0827 KGS (High: 1.5544 / Low: 1.4718). On the other end, March was the most stable month, with a tight range of 0.0215 KGS (High: 1.5899 / Low: 1.5685).

August Spread (Volatile) ±0.0827

March Spread (Stable) ±0.0215

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 0.0288 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 1.5827) against the same month in 2023 (average: 1.4970), the exchange rate shifted by +0.0857 (+5.73%).

2024 Avg (January) 1.5827

2023 Avg (January) 1.4970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5979	1.5706	1.5827
February	1.5802	1.5546	1.5676
March	1.5899	1.5685	1.5798
April	1.5731	1.5356	1.5510
May	1.5608	1.5359	1.5498
June	1.5542	1.5011	1.5227
July	1.5142	1.4748	1.4988
August	1.5544	1.4718	1.5242
September	1.5314	1.5069	1.5220
October	1.5260	1.4976	1.5109
November	1.5295	1.4642	1.4920
December	1.4929	1.4655	1.4797