YEARLY HIGH
0.3403 LSL
YEARLY LOW
0.3005 LSL
YEARLY AVERAGE
0.3222 LSL

2024 MKD to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.3403. Conversely, the yearly low was recorded on December 12, dropping to 0.3005.

This high-to-low spread represents a total annual volatility of 0.0397 LSL. From a start-to-finish perspective, comparing the January average rate of 0.3332 to the December average rate of 0.3103, the exchange rate registered a net change of -6.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3403 was down 1.32% compared to the 2023 peak of 0.3448, 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 1,701 LSL
2023 Average 1,621 LSL
Yearly Trough Low 1,503 LSL
Transaction Impact: A difference of 198.72 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3356
0.3074
JanuMarcMayJulySeptNove

MKD to LSL 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 0.3288, compared to 0.3156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.3288
H2 Avg (Jul–Dec) 0.3156

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0237 LSL (High: 0.3348 / Low: 0.3111). On the other end, March was the most stable month, with a tight range of 0.0080 LSL (High: 0.3366 / Low: 0.3285).

June Spread (Volatile) ±0.0237
March Spread (Stable) ±0.0080

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 September and October, when the average rate fell by 0.0066 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.3327) against the same month in 2023 (average: 0.3112), the exchange rate shifted by +0.0215 (+6.92%).

2024 Avg (February) 0.3327
2023 Avg (February) 0.3112

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3391 0.3292 0.3332
February 0.3403 0.3282 0.3327
March 0.3366 0.3285 0.3330
April 0.3337 0.3204 0.3286
May 0.3290 0.3191 0.3231
June 0.3348 0.3111 0.3222
July 0.3250 0.3160 0.3214
August 0.3301 0.3167 0.3227
September 0.3220 0.3111 0.3179
October 0.3162 0.3079 0.3113
November 0.3141 0.3058 0.3098
December 0.3182 0.3005 0.3103