2024 XAF to MKD Historical Review

YEARLY HIGH

0.0947 MKD

YEARLY LOW

0.0931 MKD

YEARLY AVERAGE

0.0938 MKD

2024 XAF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.0947. Conversely, the yearly low was recorded on February 3, dropping to 0.0931.

This high-to-low spread represents a total annual volatility of 0.0017 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0938 to the December average rate of 0.0938, the exchange rate registered a net change of -0.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0947 was down 0.84% compared to the 2023 peak of 0.0955, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 474 MKD

2023 Average 470 MKD

Yearly Trough Low 465 MKD

Transaction Impact: A difference of 8.33 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0939

0.0937

JanuMarcMayJulySeptNove

XAF 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 0.0938, compared to 0.0938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0938

H2 Avg (Jul–Dec) 0.0938

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0011 MKD (High: 0.0942 / Low: 0.0931). On the other end, July was the most stable month, with a tight range of 0.0006 MKD (High: 0.0940 / Low: 0.0935).

February Spread (Volatile) ±0.0011

July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0939) against the same month in 2023 (average: 0.0939), the exchange rate shifted by +0.0000 (+0.04%).

2024 Avg (August) 0.0939

2023 Avg (August) 0.0939

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0940	0.0933	0.0938
February	0.0942	0.0931	0.0939
March	0.0942	0.0933	0.0939
April	0.0944	0.0934	0.0939
May	0.0943	0.0935	0.0939
June	0.0942	0.0935	0.0938
July	0.0940	0.0935	0.0939
August	0.0947	0.0936	0.0939
September	0.0941	0.0934	0.0938
October	0.0941	0.0931	0.0938
November	0.0943	0.0934	0.0938
December	0.0939	0.0931	0.0938