2024 MKD to PLN Historical Review

YEARLY HIGH

0.0826 PLN

YEARLY LOW

0.0690 PLN

YEARLY AVERAGE

0.0700 PLN

2024 MKD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0826. Conversely, the yearly low was recorded on September 24, dropping to 0.0690.

This high-to-low spread represents a total annual volatility of 0.0137 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0713 to the December average rate of 0.0694, the exchange rate registered a net change of -2.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0826 was up 6.20% compared to the 2023 peak of 0.0778, 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 413 PLN

2023 Average 369 PLN

Yearly Trough Low 345 PLN

Transaction Impact: A difference of 68.26 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0715

0.0692

JanuMarcMayJulySeptNove

MKD to PLN 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 0.0702, compared to 0.0698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0702

H2 Avg (Jul–Dec) 0.0698

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0122 PLN (High: 0.0826 / Low: 0.0704). On the other end, September was the most stable month, with a tight range of 0.0008 PLN (High: 0.0698 / Low: 0.0690).

January Spread (Volatile) ±0.0122

September Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between September and November, 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 January and February, 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 (January 2024: 0.0713) against the same month in 2023 (average: 0.0758), the exchange rate shifted by -0.0045 (-5.98%).

2024 Avg (January) 0.0713

2023 Avg (January) 0.0758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0826	0.0704	0.0713
February	0.0708	0.0699	0.0702
March	0.0706	0.0694	0.0700
April	0.0709	0.0691	0.0699
May	0.0704	0.0690	0.0696
June	0.0712	0.0694	0.0702
July	0.0702	0.0691	0.0695
August	0.0703	0.0690	0.0696
September	0.0698	0.0690	0.0695
October	0.0708	0.0696	0.0702
November	0.0712	0.0699	0.0704
December	0.0701	0.0692	0.0694