2024 MKD to TJS Historical Review

YEARLY HIGH

0.1969 TJS

YEARLY LOW

0.1803 TJS

YEARLY AVERAGE

0.1896 TJS

2024 MKD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1969. Conversely, the yearly low was recorded on November 24, dropping to 0.1803.

This high-to-low spread represents a total annual volatility of 0.0166 TJS. From a start-to-finish perspective, comparing the January average rate of 0.1937 to the December average rate of 0.1858, the exchange rate registered a net change of -4.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1969 was down 1.44% compared to the 2023 peak of 0.1997, 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 984 TJS

2023 Average 949 TJS

Yearly Trough Low 902 TJS

Transaction Impact: A difference of 82.79 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1946

0.1834

JanuMarcMayJulySeptNove

MKD to TJS 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 0.1911, compared to 0.1881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1911

H2 Avg (Jul–Dec) 0.1881

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0088 TJS (High: 0.1891 / Low: 0.1803). On the other end, September was the most stable month, with a tight range of 0.0027 TJS (High: 0.1934 / Low: 0.1907).

November Spread (Volatile) ±0.0088

September Spread (Stable) ±0.0027

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 0.0044 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1937) against the same month in 2023 (average: 0.1790), the exchange rate shifted by +0.0147 (+8.24%).

2024 Avg (January) 0.1937

2023 Avg (January) 0.1790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1969	0.1917	0.1937
February	0.1933	0.1904	0.1919
March	0.1947	0.1915	0.1932
April	0.1932	0.1881	0.1904
May	0.1922	0.1886	0.1905
June	0.1902	0.1845	0.1869
July	0.1893	0.1858	0.1875
August	0.1935	0.1855	0.1898
September	0.1934	0.1907	0.1922
October	0.1924	0.1864	0.1887
November	0.1891	0.1803	0.1844
December	0.1879	0.1836	0.1858