2023 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு
2023 ஆம் ஆண்டு முழுவதும் நாணய மாற்று விகிதச் செயல்பாட்டின் விரிவான பகுப்பாய்வு.
2023 MKD to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the MKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 16, valuing the pair at 416.7110. Conversely, the yearly low was recorded on October 3, dropping to 379.1945.
This high-to-low spread represents a total annual volatility of 37.5165 STD. From a start-to-finish perspective, comparing the January average rate of 399.1824 to the December average rate of 395.1944, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 416.7110 was up 3.39% compared to the 2022 peak of 403.0378, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
MKD to STD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 400.5538, compared to 393.1587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.3951 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was July, with a trading range of 18.0651 STD (High: 416.7110 / Low: 398.6459). On the other end, October was the most stable month, with a tight range of 6.6208 STD (High: 385.8153 / Low: 379.1945).
Growth Streaks & Declines
TrendsBetween October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 13.8073 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 408.5704) against the same month in 2022 (average: 368.6871), the exchange rate shifted by +39.8833 (+10.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 404.8944 | 388.4153 | 399.1824 |
| February | 404.8698 | 391.8881 | 396.7718 |
| March | 403.9189 | 390.5264 | 396.6474 |
| April | 412.3396 | 401.4337 | 406.6112 |
| May | 409.7744 | 395.9276 | 402.7214 |
| June | 406.6544 | 395.8517 | 401.3889 |
| July | 416.7110 | 398.6459 | 408.5704 |
| August | 398.7508 | 390.4242 | 394.7631 |
| September | 391.1042 | 380.4656 | 386.5875 |
| October | 385.8153 | 379.1945 | 382.5746 |
| November | 397.6080 | 380.9405 | 391.2625 |
| December | 402.1300 | 389.4099 | 395.1944 |