2024 MKD to LAK Historical Review

YEARLY HIGH

403.0849 LAK

YEARLY LOW

362.4165 LAK

YEARLY AVERAGE

379.4610 LAK

2024 MKD to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 403.0849. Conversely, the yearly low was recorded on February 13, dropping to 362.4165.

This high-to-low spread represents a total annual volatility of 40.6685 LAK. From a start-to-finish perspective, comparing the January average rate of 366.1300 to the December average rate of 372.7188, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 403.0849 was up 8.69% compared to the 2023 peak of 370.8529, 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 2,015,425 LAK

2023 Average 1,642,198 LAK

Yearly Trough Low 1,812,082 LAK

Transaction Impact: A difference of 203,342.48 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

402.2316

362.1132

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 371.2144, compared to 387.7075 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 16.4932 points.

H1 Avg (Jan–Jun) 371.2144

H2 Avg (Jul–Dec) 387.7075

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 16.7507 LAK (High: 388.4735 / Low: 371.7228). On the other end, January was the most stable month, with a tight range of 5.0275 LAK (High: 369.3842 / Low: 364.3568).

November Spread (Volatile) ±16.7507

January Spread (Stable) ±5.0275

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 10.1575 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -10.1575

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 398.8884) against the same month in 2023 (average: 345.6819), the exchange rate shifted by +53.2065 (+15.39%).

2024 Avg (September) 398.8884

2023 Avg (September) 345.6819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	369.3842	364.3568	366.1300
February	367.5173	362.4165	365.4564
March	371.2422	366.2094	369.4382
April	373.2804	366.5340	369.9338
May	379.2173	369.7926	375.1063
June	384.6127	378.2141	381.2214
July	393.6478	385.3273	390.1582
August	401.1621	388.5928	395.8449
September	403.0849	395.9666	398.8884
October	400.8035	384.4594	389.3962
November	388.4735	371.7228	379.2387
December	377.0103	368.7755	372.7188