2024 XDR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XDR to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XDR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 77.8039. Conversely, the yearly low was recorded on August 24, dropping to 73.6062.
This high-to-low spread represents a total annual volatility of 4.1978 MKD. From a start-to-finish perspective, comparing the January average rate of 75.3056 to the December average rate of 77.0361, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 77.8039 was down 0.61% compared to the 2023 peak of 78.2846, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XDR to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 75.4896, compared to 75.5965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1069 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 2.4692 MKD (High: 77.6470 / Low: 75.1778). On the other end, September was the most stable month, with a tight range of 1.0460 MKD (High: 75.4106 / Low: 74.3646).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.5792 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 77.0361) against the same month in 2023 (average: 75.1982), the exchange rate shifted by +1.8379 (+2.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.7735 | 74.6172 | 75.3056 |
| February | 76.3104 | 74.5916 | 75.7095 |
| March | 75.6838 | 74.6120 | 75.3195 |
| April | 76.6563 | 75.1668 | 75.8426 |
| May | 76.0805 | 74.6987 | 75.2633 |
| June | 75.9998 | 74.7317 | 75.4970 |
| July | 75.5502 | 74.4844 | 75.0309 |
| August | 75.8012 | 73.6062 | 74.6680 |
| September | 75.4106 | 74.3646 | 74.7489 |
| October | 76.1077 | 74.9296 | 75.5976 |
| November | 77.6470 | 75.1778 | 76.4975 |
| December | 77.8039 | 76.1510 | 77.0361 |