2024 MKD to LBP Historical Review

YEARLY HIGH

1626.6273 LBP

YEARLY LOW

261.2754 LBP

YEARLY AVERAGE

1385.4428 LBP

2024 MKD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 1626.6273. Conversely, the yearly low was recorded on February 13, dropping to 261.2754.

This high-to-low spread represents a total annual volatility of 1365.3519 LBP. From a start-to-finish perspective, comparing the January average rate of 266.5184 to the December average rate of 1524.2615, the exchange rate registered a net change of 471.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1626.6273 was up 489.67% compared to the 2023 peak of 275.8529, 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 8,133,136 LBP

2023 Average 1,206,283 LBP

Yearly Trough Low 1,306,377 LBP

Transaction Impact: A difference of 6,826,759.53 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1751.6236

131.5089

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 1194.9098, compared to 1575.9758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 381.0661 points.

H1 Avg (Jan–Jun) 1194.9098

H2 Avg (Jul–Dec) 1575.9758

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 1316.1600 LBP (High: 1577.4354 / Low: 261.2754). On the other end, January was the most stable month, with a tight range of 5.7963 LBP (High: 270.3360 / Low: 264.5398).

February Spread (Volatile) ±1316.1600

January Spread (Stable) ±5.7963

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 38.9315 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -38.9315

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 1601.4453) against the same month in 2023 (average: 266.8016), the exchange rate shifted by +1334.6437 (+500.24%).

2024 Avg (August) 1601.4453

2023 Avg (August) 266.8016

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	270.3360	264.5398	266.5184
February	1577.4354	261.2754	624.8773
March	1594.4661	1567.5658	1581.0343
April	1580.1283	1543.3782	1558.9675
May	1581.0539	1551.3726	1572.1863
June	1586.3140	1554.3544	1565.8748
July	1591.4905	1562.4208	1577.9480
August	1626.6273	1568.6425	1601.4453
September	1626.5967	1602.6897	1616.6140
October	1619.5358	1568.9813	1587.2588
November	1589.6765	1516.3460	1548.3273
December	1540.6992	1508.7433	1524.2615