2024 MWK to MKD Historical Review

YEARLY HIGH

0.0342 MKD

YEARLY LOW

0.0316 MKD

YEARLY AVERAGE

0.0330 MKD

2024 MWK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0342. Conversely, the yearly low was recorded on September 25, dropping to 0.0316.

This high-to-low spread represents a total annual volatility of 0.0026 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0335 to the December average rate of 0.0339, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0342 was down 40.43% compared to the 2023 peak of 0.0575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 171 MKD

2023 Average 257 MKD

Yearly Trough Low 158 MKD

Transaction Impact: A difference of 13.18 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0341

0.0317

JanuMarcMayJulySeptNove

MWK 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 0.0333, compared to 0.0328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0328

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0016 MKD (High: 0.0341 / Low: 0.0325). On the other end, February was the most stable month, with a tight range of 0.0006 MKD (High: 0.0342 / Low: 0.0336).

November Spread (Volatile) ±0.0016

February Spread (Stable) ±0.0006

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 February and March, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0339) against the same month in 2023 (average: 0.0335), the exchange rate shifted by +0.0004 (+1.21%).

2024 Avg (December) 0.0339

2023 Avg (December) 0.0335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0338	0.0330	0.0335
February	0.0342	0.0336	0.0339
March	0.0339	0.0327	0.0333
April	0.0334	0.0326	0.0331
May	0.0333	0.0327	0.0328
June	0.0332	0.0326	0.0330
July	0.0331	0.0324	0.0327
August	0.0330	0.0317	0.0323
September	0.0322	0.0316	0.0319
October	0.0329	0.0319	0.0325
November	0.0341	0.0325	0.0334
December	0.0342	0.0335	0.0339