2024 MKD to WST Historical Review

YEARLY HIGH

0.0510 WST

YEARLY LOW

0.0472 WST

YEARLY AVERAGE

0.0492 WST

2024 MKD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0510. Conversely, the yearly low was recorded on December 19, dropping to 0.0472.

This high-to-low spread represents a total annual volatility of 0.0038 WST. From a start-to-finish perspective, comparing the January average rate of 0.0496 to the December average rate of 0.0477, 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 0.0510 was up 0.93% compared to the 2023 peak of 0.0505, 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 255 WST

2023 Average 240 WST

Yearly Trough Low 236 WST

Transaction Impact: A difference of 19.18 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0508

0.0474

JanuMarcMayJulySeptNove

MKD to WST 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 0.0492, compared to 0.0493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0492

H2 Avg (Jul–Dec) 0.0493

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0023 WST (High: 0.0497 / Low: 0.0474). On the other end, March was the most stable month, with a tight range of 0.0007 WST (High: 0.0498 / Low: 0.0491).

November Spread (Volatile) ±0.0023

March Spread (Stable) ±0.0007

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 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0501) against the same month in 2023 (average: 0.0482), the exchange rate shifted by +0.0019 (+4.04%).

2024 Avg (August) 0.0501

2023 Avg (August) 0.0482

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0502	0.0492	0.0496
February	0.0495	0.0487	0.0491
March	0.0498	0.0491	0.0494
April	0.0494	0.0483	0.0488
May	0.0495	0.0485	0.0492
June	0.0496	0.0486	0.0490
July	0.0498	0.0489	0.0494
August	0.0510	0.0490	0.0501
September	0.0509	0.0501	0.0505
October	0.0506	0.0490	0.0496
November	0.0497	0.0474	0.0484
December	0.0482	0.0472	0.0477