2024 WST to MKD Historical Review

YEARLY HIGH

21.2017 MKD

YEARLY LOW

19.6073 MKD

YEARLY AVERAGE

20.3201 MKD

2024 WST to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 21.2017. Conversely, the yearly low was recorded on August 25, dropping to 19.6073.

This high-to-low spread represents a total annual volatility of 1.5944 MKD. From a start-to-finish perspective, comparing the January average rate of 20.1416 to the December average rate of 20.9763, 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 21.2017 was down 2.67% compared to the 2023 peak of 21.7834, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 106,008 MKD

2023 Average 104,228 MKD

Yearly Trough Low 98,036 MKD

Transaction Impact: A difference of 7,972.17 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.0951

19.6698

JanuMarcMayJulySeptNove

WST 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 20.3358, compared to 20.3044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0314 points.

H1 Avg (Jan–Jun) 20.3358

H2 Avg (Jul–Dec) 20.3044

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.9777 MKD (High: 21.0987 / Low: 20.1210). On the other end, March was the most stable month, with a tight range of 0.2807 MKD (High: 20.3725 / Low: 20.0918).

November Spread (Volatile) ±0.9777

March Spread (Stable) ±0.2807

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 0.3046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 20.9763) against the same month in 2023 (average: 20.1383), the exchange rate shifted by +0.8380 (+4.16%).

2024 Avg (December) 20.9763

2023 Avg (December) 20.1383

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.3104	19.9116	20.1416
February	20.5448	20.1879	20.3720
March	20.3725	20.0918	20.2274
April	20.7235	20.2447	20.5095
May	20.6218	20.1951	20.3359
June	20.5734	20.1530	20.4285
July	20.4696	20.0862	20.2638
August	20.3905	19.6073	19.9591
September	19.9564	19.6637	19.7886
October	20.3892	19.7664	20.1670
November	21.0987	20.1210	20.6716
December	21.2017	20.7654	20.9763