2024 SDG to MKD Historical Review

YEARLY HIGH

0.1012 MKD

YEARLY LOW

0.0913 MKD

YEARLY AVERAGE

0.0951 MKD

2024 SDG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1012. Conversely, the yearly low was recorded on August 25, dropping to 0.0913.

This high-to-low spread represents a total annual volatility of 0.0099 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.0976, the exchange rate registered a net change of 4.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1012 was down 1.68% compared to the 2023 peak of 0.1029, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 506 MKD

2023 Average 478 MKD

Yearly Trough Low 456 MKD

Transaction Impact: A difference of 49.69 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0985

0.0915

JanuMarcMayJulySeptNove

SDG 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 0.0956, compared to 0.0947 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0956

H2 Avg (Jul–Dec) 0.0947

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0071 MKD (High: 0.1012 / Low: 0.0941). On the other end, September was the most stable month, with a tight range of 0.0014 MKD (High: 0.0929 / Low: 0.0915).

May Spread (Volatile) ±0.0071

September Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0951) against the same month in 2023 (average: 0.0945), the exchange rate shifted by +0.0006 (+0.67%).

2024 Avg (May) 0.0951

2023 Avg (May) 0.0945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0946	0.0928	0.0938
February	0.0957	0.0941	0.0949
March	0.0968	0.0936	0.0954
April	0.0990	0.0955	0.0979
May	0.1012	0.0941	0.0951
June	0.0983	0.0943	0.0964
July	0.0971	0.0937	0.0954
August	0.0949	0.0913	0.0929
September	0.0929	0.0915	0.0921
October	0.0949	0.0920	0.0939
November	0.0982	0.0937	0.0962
December	0.0987	0.0967	0.0976