2024 MKD to VUV Historical Review

YEARLY HIGH

2.1625 VUV

YEARLY LOW

1.9999 VUV

YEARLY AVERAGE

2.0872 VUV

2024 MKD to VUV Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to VUV exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2.1625. Conversely, the yearly low was recorded on December 19, dropping to 1.9999.

This high-to-low spread represents a total annual volatility of 0.1626 VUV. From a start-to-finish perspective, comparing the January average rate of 2.1052 to the December average rate of 2.0214, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1625 was down 0.45% compared to the 2023 peak of 2.1723, 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 10,813 VUV

2023 Average 10,421 VUV

Yearly Trough Low 9,999 VUV

Transaction Impact: A difference of 813.13 VUV purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1549

2.0093

JanuMarcMayJulySeptNove

MKD to VUV 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 2.0852, compared to 2.0892 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 2.0852

H2 Avg (Jul–Dec) 2.0892

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0977 VUV (High: 2.1073 / Low: 2.0096). On the other end, March was the most stable month, with a tight range of 0.0291 VUV (High: 2.1103 / Low: 2.0813).

November Spread (Volatile) ±0.0977

March Spread (Stable) ±0.0291

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 0.0511 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.1246) against the same month in 2023 (average: 2.1034), the exchange rate shifted by +0.0212 (+1.01%).

2024 Avg (August) 2.1246

2023 Avg (August) 2.1034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1294	2.0876	2.1052
February	2.1003	2.0638	2.0814
March	2.1103	2.0813	2.0962
April	2.0944	2.0460	2.0675
May	2.0996	2.0561	2.0851
June	2.1039	2.0609	2.0756
July	2.1109	2.0714	2.0925
August	2.1625	2.0794	2.1246
September	2.1563	2.1247	2.1427
October	2.1451	2.0796	2.1026
November	2.1073	2.0096	2.0516
December	2.0419	1.9999	2.0214