2024 MKD to MDL Historical Review

YEARLY HIGH

0.3177 MDL

YEARLY LOW

0.3040 MDL

YEARLY AVERAGE

0.3117 MDL

2024 MKD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.3177. Conversely, the yearly low was recorded on April 15, dropping to 0.3040.

This high-to-low spread represents a total annual volatility of 0.0137 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3125 to the December average rate of 0.3119, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3177 was down 5.82% compared to the 2023 peak of 0.3373, 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 1,589 MDL

2023 Average 1,589 MDL

Yearly Trough Low 1,520 MDL

Transaction Impact: A difference of 68.47 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3141

0.3082

JanuMarcMayJulySeptNove

MKD to MDL 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 0.3108, compared to 0.3126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.3108

H2 Avg (Jul–Dec) 0.3126

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0083 MDL (High: 0.3160 / Low: 0.3077). On the other end, July was the most stable month, with a tight range of 0.0040 MDL (High: 0.3138 / Low: 0.3098).

January Spread (Volatile) ±0.0083

July Spread (Stable) ±0.0040

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 March and April, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3136) against the same month in 2023 (average: 0.3118), the exchange rate shifted by +0.0018 (+0.58%).

2024 Avg (September) 0.3136

2023 Avg (September) 0.3118

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3160	0.3077	0.3125
February	0.3146	0.3080	0.3121
March	0.3137	0.3088	0.3117
April	0.3108	0.3040	0.3087
May	0.3130	0.3055	0.3101
June	0.3119	0.3078	0.3098
July	0.3138	0.3098	0.3120
August	0.3169	0.3097	0.3129
September	0.3177	0.3104	0.3136
October	0.3165	0.3102	0.3131
November	0.3157	0.3082	0.3118
December	0.3155	0.3091	0.3119