2023 MKD to LAK Historical Review

YEARLY HIGH

370.8529 LAK

YEARLY LOW

289.5550 LAK

YEARLY AVERAGE

328.2210 LAK

2023 MKD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MKD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 370.8529. Conversely, the yearly low was recorded on February 25, dropping to 289.5550.

This high-to-low spread represents a total annual volatility of 81.2979 LAK. From a start-to-finish perspective, comparing the January average rate of 297.1115 to the December average rate of 366.3234, the exchange rate registered a net change of 23.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 370.8529 was up 19.38% compared to the 2022 peak of 310.6571, 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 1,854,264 LAK

2022 Average 1,214,240 LAK

Yearly Trough Low 1,447,775 LAK

Transaction Impact: A difference of 406,489.52 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

373.6284

285.9687

JanuMarcMayJulySeptNove

MKD to LAK 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 303.6889, compared to 352.7531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 49.0642 points.

H1 Avg (Jan–Jun) 303.6889

H2 Avg (Jul–Dec) 352.7531

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 29.3522 LAK (High: 336.7779 / Low: 307.4257). On the other end, May was the most stable month, with a tight range of 5.6094 LAK (High: 312.7093 / Low: 307.1000).

June Spread (Volatile) ±29.3522

May Spread (Stable) ±5.6094

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.7616 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -3.7616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 366.3234) against the same month in 2022 (average: 297.7330), the exchange rate shifted by +68.5905 (+23.04%).

2023 Avg (December) 366.3234

2022 Avg (December) 297.7330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	301.0584	291.8076	297.1115
February	298.7362	289.5550	293.3500
March	300.6471	289.6808	293.2737
April	310.2710	299.6149	305.4358
May	312.7093	307.1000	309.6755
June	336.7779	307.4257	323.2870
July	349.2723	330.8526	343.0808
August	348.4217	339.3419	344.4508
September	351.6481	342.1275	345.6819
October	358.3893	347.1758	353.6635
November	368.9663	354.0085	363.3180
December	370.8529	362.6664	366.3234