2023 MKD to LBP Historical Review

YEARLY HIGH

275.8529 LBP

YEARLY LOW

25.8187 LBP

YEARLY AVERAGE

241.3367 LBP

2023 MKD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 275.8529. Conversely, the yearly low was recorded on January 8, dropping to 25.8187.

This high-to-low spread represents a total annual volatility of 250.0342 LBP. From a start-to-finish perspective, comparing the January average rate of 26.5120 to the December average rate of 266.9360, the exchange rate registered a net change of 906.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 275.8529 was up 877.88% compared to the 2022 peak of 28.2091, 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 1,379,265 LBP

2022 Average 129,634 LBP

Yearly Trough Low 129,094 LBP

Transaction Impact: A difference of 1,250,171.02 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

294.9130

2.1119

JanuMarcMayJulySeptNove

MKD to LBP 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 218.2059, compared to 264.4675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.2616 points.

H1 Avg (Jan–Jun) 218.2059

H2 Avg (Jul–Dec) 264.4675

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 241.4877 LBP (High: 268.1600 / Low: 26.6724). On the other end, January was the most stable month, with a tight range of 1.0839 LBP (High: 26.9026 / Low: 25.8187).

February Spread (Volatile) ±241.4877

January Spread (Stable) ±1.0839

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 5.6261 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -5.6261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 270.5129) against the same month in 2022 (average: 25.0164), the exchange rate shifted by +245.4965 (+981.34%).

2023 Avg (July) 270.5129

2022 Avg (July) 25.0164

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.9026	25.8187	26.5120
February	268.1600	26.6724	219.6837
March	267.2813	257.9397	261.9778
April	272.4004	263.8552	268.9290
May	272.9356	260.8246	266.1845
June	271.2131	260.2214	265.9483
July	275.8529	264.8046	270.5129
August	271.2336	262.9543	266.8016
September	264.3764	256.7252	261.1755
October	260.2230	255.8704	257.8935
November	267.9794	256.4976	263.4855
December	272.2581	263.0318	266.9360