YEARLY HIGH
0.1236 TTD
YEARLY LOW
0.1145 TTD
YEARLY AVERAGE
0.1193 TTD

2024 MKD to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.1236. Conversely, the yearly low was recorded on December 19, dropping to 0.1145.

This high-to-low spread represents a total annual volatility of 0.0091 TTD. From a start-to-finish perspective, comparing the January average rate of 0.1203 to the December average rate of 0.1155, the exchange rate registered a net change of -3.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1236 was down 0.20% compared to the 2023 peak of 0.1238, 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 618 TTD
2023 Average 596 TTD
Yearly Trough Low 573 TTD
Transaction Impact: A difference of 45.32 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1232
0.1148
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 0.1192, compared to 0.1194 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) 0.1192
H2 Avg (Jul–Dec) 0.1194

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0054 TTD (High: 0.1204 / Low: 0.1150). On the other end, March was the most stable month, with a tight range of 0.0018 TTD (High: 0.1207 / Low: 0.1189).

November Spread (Volatile) ±0.0054
March Spread (Stable) ±0.0018

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 0.0030 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: 0.1225) against the same month in 2023 (average: 0.1177), the exchange rate shifted by +0.0049 (+4.15%).

2024 Avg (September) 0.1225
2023 Avg (September) 0.1177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1221 0.1189 0.1203
February 0.1200 0.1180 0.1190
March 0.1207 0.1189 0.1198
April 0.1196 0.1169 0.1181
May 0.1201 0.1176 0.1192
June 0.1202 0.1178 0.1187
July 0.1206 0.1183 0.1195
August 0.1234 0.1185 0.1214
September 0.1236 0.1212 0.1225
October 0.1227 0.1190 0.1203
November 0.1204 0.1150 0.1173
December 0.1167 0.1145 0.1155