2024 PLN to MKD Historical Review

YEARLY HIGH

14.4954 MKD

YEARLY LOW

12.1008 MKD

YEARLY AVERAGE

14.2904 MKD

2024 PLN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 14.4954. Conversely, the yearly low was recorded on January 1, dropping to 12.1008.

This high-to-low spread represents a total annual volatility of 2.3946 MKD. From a start-to-finish perspective, comparing the January average rate of 14.0400 to the December average rate of 14.4062, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.4954 was up 0.34% compared to the 2023 peak of 14.4461, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 289,908 MKD

2023 Average 271,541 MKD

Yearly Trough Low 242,016 MKD

Transaction Impact: A difference of 47,892.47 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.4428

14.0034

JanuMarcMayJulySeptNove

PLN 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 14.2491, compared to 14.3317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0826 points.

H1 Avg (Jan–Jun) 14.2491

H2 Avg (Jul–Dec) 14.3317

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 2.0943 MKD (High: 14.1951 / Low: 12.1008). On the other end, February was the most stable month, with a tight range of 0.1686 MKD (High: 14.3021 / Low: 14.1335).

January Spread (Volatile) ±2.0943

February Spread (Stable) ±0.1686

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1392 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 14.3922) against the same month in 2023 (average: 13.3783), the exchange rate shifted by +1.0139 (+7.58%).

2024 Avg (September) 14.3922

2023 Avg (September) 13.3783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.1951	12.1008	14.0400
February	14.3021	14.1335	14.2368
March	14.3991	14.1604	14.2920
April	14.4647	14.1120	14.3067
May	14.4881	14.2069	14.3746
June	14.4033	14.0428	14.2444
July	14.4789	14.2540	14.3838
August	14.4903	14.2196	14.3592
September	14.4954	14.3239	14.3922
October	14.3705	14.1303	14.2530
November	14.3138	14.0392	14.1958
December	14.4557	14.2577	14.4062