2024 MMK to MKD Historical Review

YEARLY HIGH

0.0283 MKD

YEARLY LOW

0.0174 MKD

YEARLY AVERAGE

0.0269 MKD

2024 MMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0283. Conversely, the yearly low was recorded on July 20, dropping to 0.0174.

This high-to-low spread represents a total annual volatility of 0.0109 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0269 to the December average rate of 0.0280, the exchange rate registered a net change of 4.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0283 was up 1.17% compared to the 2023 peak of 0.0280, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 141 MKD

2023 Average 136 MKD

Yearly Trough Low 87 MKD

Transaction Impact: A difference of 54.37 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0283

0.0250

JanuMarcMayJulySeptNove

MMK to MKD 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 0.0270, compared to 0.0268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0270

H2 Avg (Jul–Dec) 0.0268

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0097 MKD (High: 0.0272 / Low: 0.0174). On the other end, September was the most stable month, with a tight range of 0.0004 MKD (High: 0.0266 / Low: 0.0262).

July Spread (Volatile) ±0.0097

September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0280) against the same month in 2023 (average: 0.0268), the exchange rate shifted by +0.0012 (+4.37%).

2024 Avg (December) 0.0280

2023 Avg (December) 0.0268

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0271	0.0265	0.0269
February	0.0274	0.0269	0.0272
March	0.0272	0.0268	0.0270
April	0.0276	0.0270	0.0274
May	0.0275	0.0269	0.0271
June	0.0275	0.0231	0.0262
July	0.0272	0.0174	0.0253
August	0.0272	0.0262	0.0266
September	0.0266	0.0262	0.0264
October	0.0272	0.0264	0.0269
November	0.0282	0.0269	0.0276
December	0.0283	0.0277	0.0280