2024 XCD to MKD Historical Review

YEARLY HIGH

21.9662 MKD

YEARLY LOW

20.3143 MKD

YEARLY AVERAGE

21.0528 MKD

2024 XCD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 21.9662. Conversely, the yearly low was recorded on August 25, dropping to 20.3143.

This high-to-low spread represents a total annual volatility of 1.6519 MKD. From a start-to-finish perspective, comparing the January average rate of 20.8678 to the December average rate of 21.7327, 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 21.9662 was up 1.03% compared to the 2023 peak of 21.7431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 109,831 MKD

2023 Average 105,342 MKD

Yearly Trough Low 101,571 MKD

Transaction Impact: A difference of 8,259.63 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.8558

20.3791

JanuMarcMayJulySeptNove

XCD 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 21.0691, compared to 21.0366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0325 points.

H1 Avg (Jan–Jun) 21.0691

H2 Avg (Jul–Dec) 21.0366

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.0130 MKD (High: 21.8595 / Low: 20.8465). On the other end, March was the most stable month, with a tight range of 0.2908 MKD (High: 21.1071 / Low: 20.8163).

November Spread (Volatile) ±1.0130

March Spread (Stable) ±0.2908

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 0.3156 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3156

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 21.7327) against the same month in 2023 (average: 20.8645), the exchange rate shifted by +0.8682 (+4.16%).

2024 Avg (December) 21.7327

2023 Avg (December) 20.8645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.0428	20.6296	20.8678
February	21.2856	20.9158	21.1066
March	21.1071	20.8163	20.9568
April	21.4708	20.9747	21.2491
May	21.3654	20.9233	21.0691
June	21.3152	20.8797	21.1651
July	21.2077	20.8105	20.9945
August	21.1258	20.3143	20.6788
September	20.6760	20.3727	20.5022
October	21.1244	20.4792	20.8942
November	21.8595	20.8465	21.4170
December	21.9662	21.5142	21.7327