2023 MKD to TTD Historical Review

YEARLY HIGH

0.1238 TTD

YEARLY LOW

0.1155 TTD

YEARLY AVERAGE

0.1192 TTD

2023 MKD to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MKD to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.1238. Conversely, the yearly low was recorded on October 3, dropping to 0.1155.

This high-to-low spread represents a total annual volatility of 0.0083 TTD. From a start-to-finish perspective, comparing the January average rate of 0.1188 to the December average rate of 0.1206, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1238 was down 2.03% compared to the 2022 peak of 0.1264, 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 619 TTD

2022 Average 581 TTD

Yearly Trough Low 578 TTD

Transaction Impact: A difference of 41.51 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1223

0.1159

JanuMarcMayJulySeptNove

MKD to TTD 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 0.1191, compared to 0.1193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1191

H2 Avg (Jul–Dec) 0.1193

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0052 TTD (High: 0.1210 / Low: 0.1158). On the other end, October was the most stable month, with a tight range of 0.0021 TTD (High: 0.1176 / Low: 0.1155).

November Spread (Volatile) ±0.0052

October Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between October and December, 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 0.0026 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1217) against the same month in 2022 (average: 0.1123), the exchange rate shifted by +0.0094 (+8.36%).

2023 Avg (July) 0.1217

2022 Avg (July) 0.1123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1207	0.1156	0.1188
February	0.1204	0.1164	0.1181
March	0.1201	0.1161	0.1178
April	0.1222	0.1196	0.1208
May	0.1219	0.1177	0.1197
June	0.1212	0.1176	0.1193
July	0.1238	0.1197	0.1217
August	0.1214	0.1191	0.1202
September	0.1193	0.1160	0.1177
October	0.1176	0.1155	0.1165
November	0.1210	0.1158	0.1191
December	0.1231	0.1187	0.1206