2024 ARS to MKD Historical Review

YEARLY HIGH

0.0696 MKD

YEARLY LOW

0.0567 MKD

YEARLY AVERAGE

0.0625 MKD

2024 ARS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0696. Conversely, the yearly low was recorded on November 5, dropping to 0.0567.

This high-to-low spread represents a total annual volatility of 0.0128 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0690 to the December average rate of 0.0576, the exchange rate registered a net change of -16.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0696 was down 78.80% compared to the 2023 peak of 0.3282, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 348 MKD

2023 Average 1,088 MKD

Yearly Trough Low 284 MKD

Transaction Impact: A difference of 64.19 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0701

0.0565

JanuMarcMayJulySeptNove

ARS 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 0.0663, compared to 0.0586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.0663

H2 Avg (Jul–Dec) 0.0586

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0032 MKD (High: 0.0613 / Low: 0.0581). On the other end, December was the most stable month, with a tight range of 0.0008 MKD (High: 0.0581 / Low: 0.0573).

August Spread (Volatile) ±0.0032

December Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0021 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0690) against the same month in 2023 (average: 0.3143), the exchange rate shifted by -0.2453 (-78.05%).

2024 Avg (January) 0.0690

2023 Avg (January) 0.3143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0696	0.0686	0.0690
February	0.0692	0.0675	0.0684
March	0.0677	0.0661	0.0666
April	0.0668	0.0655	0.0662
May	0.0662	0.0634	0.0643
June	0.0638	0.0627	0.0633
July	0.0627	0.0609	0.0615
August	0.0613	0.0581	0.0594
September	0.0585	0.0568	0.0577
October	0.0580	0.0570	0.0577
November	0.0592	0.0567	0.0579
December	0.0581	0.0573	0.0576

2024 ARS నుండి MKD చారిత్రక సమీక్ష