YEARLY HIGH
0.5000 MKD
YEARLY LOW
0.4624 MKD
YEARLY AVERAGE
0.4792 MKD

2024 VUV to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VUV to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.5000. Conversely, the yearly low was recorded on August 25, dropping to 0.4624.

This high-to-low spread represents a total annual volatility of 0.0376 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4750 to the December average rate of 0.4947, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5000 was up 0.45% compared to the 2023 peak of 0.4978, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,500 MKD
2023 Average 2,400 MKD
Yearly Trough Low 2,312 MKD
Transaction Impact: A difference of 188.02 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4975
0.4639
JanuMarcMayJulySeptNove

VUV 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 0.4796, compared to 0.4789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.4796
H2 Avg (Jul–Dec) 0.4789

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0231 MKD (High: 0.4976 / Low: 0.4745). On the other end, March was the most stable month, with a tight range of 0.0066 MKD (High: 0.4805 / Low: 0.4739).

November Spread (Volatile) ±0.0231
March Spread (Stable) ±0.0066

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 0.0072 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4947) against the same month in 2023 (average: 0.4750), the exchange rate shifted by +0.0198 (+4.16%).

2024 Avg (December) 0.4947
2023 Avg (December) 0.4750

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4790 0.4696 0.4750
February 0.4845 0.4761 0.4805
March 0.4805 0.4739 0.4771
April 0.4888 0.4775 0.4837
May 0.4864 0.4763 0.4796
June 0.4852 0.4753 0.4818
July 0.4828 0.4737 0.4779
August 0.4809 0.4624 0.4707
September 0.4707 0.4638 0.4667
October 0.4809 0.4662 0.4756
November 0.4976 0.4745 0.4875
December 0.5000 0.4897 0.4947