2023 MKD to LYD Historical Review

YEARLY HIGH

0.0867 LYD

YEARLY LOW

0.0821 LYD

YEARLY AVERAGE

0.0845 LYD

2023 MKD to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MKD to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0867. Conversely, the yearly low was recorded on January 8, dropping to 0.0821.

This high-to-low spread represents a total annual volatility of 0.0046 LYD. From a start-to-finish perspective, comparing the January average rate of 0.0836 to the December average rate of 0.0853, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0867 was up 1.27% compared to the 2022 peak of 0.0856, 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 433 LYD

2022 Average 410 LYD

Yearly Trough Low 410 LYD

Transaction Impact: A difference of 22.99 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0859

0.0831

JanuMarcMayJulySeptNove

MKD to LYD 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 0.0841, compared to 0.0849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0841

H2 Avg (Jul–Dec) 0.0849

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0026 LYD (High: 0.0861 / Low: 0.0836). On the other end, September was the most stable month, with a tight range of 0.0013 LYD (High: 0.0847 / Low: 0.0835).

November Spread (Volatile) ±0.0026

September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0856) against the same month in 2022 (average: 0.0805), the exchange rate shifted by +0.0052 (+6.40%).

2023 Avg (July) 0.0856

2022 Avg (July) 0.0805

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0844	0.0821	0.0836
February	0.0842	0.0827	0.0833
March	0.0847	0.0825	0.0835
April	0.0857	0.0839	0.0848
May	0.0855	0.0837	0.0844
June	0.0857	0.0837	0.0847
July	0.0867	0.0847	0.0856
August	0.0858	0.0846	0.0852
September	0.0847	0.0835	0.0842
October	0.0848	0.0832	0.0840
November	0.0861	0.0836	0.0851
December	0.0862	0.0846	0.0853