YEARLY HIGH
0.5207 MKD
YEARLY LOW
0.5115 MKD
YEARLY AVERAGE
0.5158 MKD

2024 XPF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XPF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 0.5207. Conversely, the yearly low was recorded on February 3, dropping to 0.5115.

This high-to-low spread represents a total annual volatility of 0.0092 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5156 to the December average rate of 0.5154, 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 0.5207 was down 0.84% compared to the 2023 peak of 0.5251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,603 MKD
2023 Average 2,582 MKD
Yearly Trough Low 2,558 MKD
Transaction Impact: A difference of 45.81 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5163
0.5153
JanuMarcMayJulySeptNove

XPF 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 0.5159, compared to 0.5158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.5159
H2 Avg (Jul–Dec) 0.5158

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0061 MKD (High: 0.5176 / Low: 0.5115). On the other end, July was the most stable month, with a tight range of 0.0031 MKD (High: 0.5170 / Low: 0.5139).

February Spread (Volatile) ±0.0061
July Spread (Stable) ±0.0031

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.5163) against the same month in 2023 (average: 0.5160), the exchange rate shifted by +0.0002 (+0.04%).

2024 Avg (August) 0.5163
2023 Avg (August) 0.5160

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5165 0.5129 0.5156
February 0.5176 0.5115 0.5160
March 0.5181 0.5128 0.5160
April 0.5189 0.5135 0.5159
May 0.5186 0.5140 0.5160
June 0.5180 0.5140 0.5158
July 0.5170 0.5139 0.5161
August 0.5207 0.5147 0.5163
September 0.5172 0.5135 0.5159
October 0.5175 0.5118 0.5156
November 0.5186 0.5136 0.5154
December 0.5163 0.5119 0.5154