2024 PYG to MKD Historical Review

YEARLY HIGH

0.0079 MKD

YEARLY LOW

0.0070 MKD

YEARLY AVERAGE

0.0075 MKD

2024 PYG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0079. Conversely, the yearly low was recorded on September 26, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0008 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0075, the exchange rate registered a net change of -2.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0079 was down 2.98% compared to the 2023 peak of 0.0081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39 MKD

2023 Average 39 MKD

Yearly Trough Low 35 MKD

Transaction Impact: A difference of 4.24 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0079

0.0071

JanuMarcMayJulySeptNove

PYG 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 0.0077, compared to 0.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0077

H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0004 MKD (High: 0.0076 / Low: 0.0072). On the other end, March was the most stable month, with a tight range of 0.0001 MKD (High: 0.0078 / Low: 0.0077).

November Spread (Volatile) ±0.0004

March Spread (Stable) ±0.0001

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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0078) against the same month in 2023 (average: 0.0079), the exchange rate shifted by -0.0000 (-0.63%).

2024 Avg (February) 0.0078

2023 Avg (February) 0.0079

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0078	0.0076	0.0077
February	0.0079	0.0078	0.0078
March	0.0078	0.0077	0.0077
April	0.0078	0.0077	0.0078
May	0.0077	0.0075	0.0076
June	0.0077	0.0075	0.0076
July	0.0076	0.0074	0.0075
August	0.0075	0.0072	0.0074
September	0.0073	0.0070	0.0071
October	0.0072	0.0071	0.0072
November	0.0076	0.0072	0.0074
December	0.0076	0.0074	0.0075