2023 MKD to XDR Historical Review

YEARLY HIGH

0.0136 XDR

YEARLY LOW

0.0128 XDR

YEARLY AVERAGE

0.0132 XDR

2023 MKD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MKD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0136. Conversely, the yearly low was recorded on January 8, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0008 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0133, the exchange rate registered a net change of 2.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0136 was up 2.26% compared to the 2022 peak of 0.0133, 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 68 XDR

2022 Average 62 XDR

Yearly Trough Low 64 XDR

Transaction Impact: A difference of 4.03 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0134

0.0129

JanuMarcMayJulySeptNove

MKD to XDR 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 0.0131, compared to 0.0132 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) 0.0131

H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0004 XDR (High: 0.0134 / Low: 0.0130). On the other end, August was the most stable month, with a tight range of 0.0002 XDR (High: 0.0134 / Low: 0.0132).

November Spread (Volatile) ±0.0004

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, 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 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0134) against the same month in 2022 (average: 0.0122), the exchange rate shifted by +0.0012 (+9.84%).

2023 Avg (July) 0.0134

2022 Avg (July) 0.0122

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0132	0.0128	0.0130
February	0.0131	0.0129	0.0130
March	0.0132	0.0129	0.0130
April	0.0133	0.0131	0.0132
May	0.0133	0.0130	0.0131
June	0.0134	0.0130	0.0132
July	0.0136	0.0132	0.0134
August	0.0134	0.0132	0.0133
September	0.0132	0.0130	0.0131
October	0.0132	0.0129	0.0131
November	0.0134	0.0130	0.0133
December	0.0135	0.0131	0.0133