2024 MKD to XCD Historical Review

YEARLY HIGH

0.0492 XCD

YEARLY LOW

0.0455 XCD

YEARLY AVERAGE

0.0475 XCD

2024 MKD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0492. Conversely, the yearly low was recorded on December 19, dropping to 0.0455.

This high-to-low spread represents a total annual volatility of 0.0037 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0479 to the December average rate of 0.0460, 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 0.0492 was down 0.23% compared to the 2023 peak of 0.0493, 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 246 XCD

2023 Average 237 XCD

Yearly Trough Low 228 XCD

Transaction Impact: A difference of 18.51 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0491

0.0457

JanuMarcMayJulySeptNove

MKD to XCD 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 0.0475, compared to 0.0476 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) 0.0475

H2 Avg (Jul–Dec) 0.0476

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0022 XCD (High: 0.0480 / Low: 0.0457). On the other end, March was the most stable month, with a tight range of 0.0007 XCD (High: 0.0480 / Low: 0.0474).

November Spread (Volatile) ±0.0022

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: 0.0484) against the same month in 2023 (average: 0.0479), the exchange rate shifted by +0.0005 (+1.01%).

2024 Avg (August) 0.0484

2023 Avg (August) 0.0479

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0485	0.0475	0.0479
February	0.0478	0.0470	0.0474
March	0.0480	0.0474	0.0477
April	0.0477	0.0466	0.0471
May	0.0478	0.0468	0.0475
June	0.0479	0.0469	0.0472
July	0.0481	0.0472	0.0476
August	0.0492	0.0473	0.0484
September	0.0491	0.0484	0.0488
October	0.0488	0.0473	0.0479
November	0.0480	0.0457	0.0467
December	0.0465	0.0455	0.0460