2024 MKD to STD Historical Review

YEARLY HIGH

405.8593 STD

YEARLY LOW

375.3374 STD

YEARLY AVERAGE

391.7262 STD

2024 MKD to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 405.8593. Conversely, the yearly low was recorded on December 19, dropping to 375.3374.

This high-to-low spread represents a total annual volatility of 30.5219 STD. From a start-to-finish perspective, comparing the January average rate of 395.1024 to the December average rate of 379.3837, the exchange rate registered a net change of -3.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 405.8593 was down 2.60% compared to the 2023 peak of 416.7110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,029,297 STD

2023 Average 1,984,306 STD

Yearly Trough Low 1,876,687 STD

Transaction Impact: A difference of 152,609.52 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

404.4241

377.1073

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 391.3436, compared to 392.1088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7652 points.

H1 Avg (Jan–Jun) 391.3436

H2 Avg (Jul–Dec) 392.1088

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 18.3270 STD (High: 395.4970 / Low: 377.1700). On the other end, March was the most stable month, with a tight range of 5.4570 STD (High: 396.0711 / Low: 390.6141).

November Spread (Volatile) ±18.3270

March Spread (Stable) ±5.4570

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 9.5869 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.5869

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 398.7441) against the same month in 2023 (average: 394.7631), the exchange rate shifted by +3.9810 (+1.01%).

2024 Avg (August) 398.7441

2023 Avg (August) 394.7631

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	399.6548	391.8075	395.1024
February	394.1866	387.3377	390.6304
March	396.0711	390.6141	393.4225
April	393.0798	383.9981	388.0216
May	394.0454	385.8918	391.3271
June	394.8688	386.7997	389.5577
July	396.1814	388.7610	392.7171
August	405.8593	390.2687	398.7441
September	404.6941	398.7585	402.1477
October	402.5913	390.2946	394.6235
November	395.4970	377.1700	385.0366
December	383.2231	375.3374	379.3837

2024 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு