2024 SVC to MKD Historical Review

YEARLY HIGH

6.7833 MKD

YEARLY LOW

6.2893 MKD

YEARLY AVERAGE

6.5035 MKD

2024 SVC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SVC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 6.7833. Conversely, the yearly low was recorded on August 24, dropping to 6.2893.

This high-to-low spread represents a total annual volatility of 0.4941 MKD. From a start-to-finish perspective, comparing the January average rate of 6.4464 to the December average rate of 6.7145, the exchange rate registered a net change of 4.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 6.7833 was up 1.05% compared to the 2023 peak of 6.7128, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,917 MKD

2023 Average 32,551 MKD

Yearly Trough Low 31,446 MKD

Transaction Impact: A difference of 2,470.43 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

6.7528

6.2930

JanuMarcMayJulySeptNove

SVC 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 6.5091, compared to 6.4979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 6.5091

H2 Avg (Jul–Dec) 6.4979

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.3129 MKD (High: 6.7501 / Low: 6.4372). On the other end, September was the most stable month, with a tight range of 0.0956 MKD (High: 6.3873 / Low: 6.2917).

November Spread (Volatile) ±0.3129

September Spread (Stable) ±0.0956

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 July and August, when the average rate fell by 0.0929 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0929

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 6.7145) against the same month in 2023 (average: 6.4376), the exchange rate shifted by +0.2769 (+4.30%).

2024 Avg (December) 6.7145

2023 Avg (December) 6.4376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5028	6.3539	6.4464
February	6.5740	6.4590	6.5180
March	6.5277	6.4272	6.4767
April	6.6346	6.4789	6.5671
May	6.5999	6.4633	6.5097
June	6.5841	6.4534	6.5371
July	6.5501	6.4308	6.4857
August	6.5310	6.2893	6.3928
September	6.3873	6.2917	6.3313
October	6.5261	6.3197	6.4492
November	6.7501	6.4372	6.6138
December	6.7833	6.6424	6.7145