2024 MKD to PYG Historical Review

YEARLY HIGH

141.8695 PYG

YEARLY LOW

126.6303 PYG

YEARLY AVERAGE

132.8705 PYG

2024 MKD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 141.8695. Conversely, the yearly low was recorded on February 13, dropping to 126.6303.

This high-to-low spread represents a total annual volatility of 15.2393 PYG. From a start-to-finish perspective, comparing the January average rate of 129.1233 to the December average rate of 132.9188, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 141.8695 was up 6.91% compared to the 2023 peak of 132.7035, 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 709,348 PYG

2023 Average 640,084 PYG

Yearly Trough Low 633,151 PYG

Transaction Impact: A difference of 76,196.30 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

141.3103

126.4856

JanuMarcMayJulySeptNove

MKD to PYG 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 129.6952, compared to 136.0458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3506 points.

H1 Avg (Jan–Jun) 129.6952

H2 Avg (Jul–Dec) 136.0458

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 7.6010 PYG (High: 139.7708 / Low: 132.1698). On the other end, March was the most stable month, with a tight range of 1.5130 PYG (High: 129.7122 / Low: 128.1992).

November Spread (Volatile) ±7.6010

March Spread (Stable) ±1.5130

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 4.2611 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.2611

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 140.0749) against the same month in 2023 (average: 126.2230), the exchange rate shifted by +13.8520 (+10.97%).

2024 Avg (September) 140.0749

2023 Avg (September) 126.2230

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	131.0288	127.9496	129.1233
February	128.7949	126.6303	127.7210
March	129.7122	128.1992	129.1467
April	130.1254	127.5597	128.8055
May	132.9862	129.7709	131.7291
June	133.3040	130.5752	131.6456
July	134.2324	131.5345	133.0560
August	138.2799	132.6383	135.6537
September	141.8695	137.8366	140.0749
October	140.9914	138.2314	139.4163
November	139.7708	132.1698	135.1552
December	134.6083	131.6108	132.9188