2024 MKD to XDR Historical Review

YEARLY HIGH

0.0136 XDR

YEARLY LOW

0.0129 XDR

YEARLY AVERAGE

0.0132 XDR

2024 MKD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 0.0136. Conversely, the yearly low was recorded on December 19, dropping to 0.0129.

This high-to-low spread represents a total annual volatility of 0.0007 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0133 to the December average rate of 0.0130, the exchange rate registered a net change of -2.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0136 was up 0.04% compared to the 2023 peak of 0.0136, 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

2023 Average 66 XDR

Yearly Trough Low 64 XDR

Transaction Impact: A difference of 3.66 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

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 0.0132, compared to 0.0132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0132

H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0004 XDR (High: 0.0133 / Low: 0.0129). On the other end, September was the most stable month, with a tight range of 0.0002 XDR (High: 0.0134 / Low: 0.0133).

November Spread (Volatile) ±0.0004

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and August, 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 October and November, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0134) against the same month in 2023 (average: 0.0133), the exchange rate shifted by +0.0001 (+0.92%).

2024 Avg (August) 0.0134

2023 Avg (August) 0.0133

Monthly Breakdown

Statistical summary for each calendar month.

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