2024 YER to MKD Historical Review

YEARLY HIGH

0.2376 MKD

YEARLY LOW

0.2193 MKD

YEARLY AVERAGE

0.2273 MKD

2024 YER to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2376. Conversely, the yearly low was recorded on August 25, dropping to 0.2193.

This high-to-low spread represents a total annual volatility of 0.0182 MKD. From a start-to-finish perspective, comparing the January average rate of 0.2253 to the December average rate of 0.2349, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2376 was up 1.20% compared to the 2023 peak of 0.2348, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,188 MKD

2023 Average 1,137 MKD

Yearly Trough Low 1,097 MKD

Transaction Impact: A difference of 91.21 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2362

0.2200

JanuMarcMayJulySeptNove

YER 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 0.2275, compared to 0.2272 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.2275

H2 Avg (Jul–Dec) 0.2272

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0109 MKD (High: 0.2364 / Low: 0.2255). On the other end, March was the most stable month, with a tight range of 0.0032 MKD (High: 0.2279 / Low: 0.2247).

November Spread (Volatile) ±0.0109

March Spread (Stable) ±0.0032

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 0.0034 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2349) against the same month in 2023 (average: 0.2253), the exchange rate shifted by +0.0095 (+4.23%).

2024 Avg (December) 0.2349

2023 Avg (December) 0.2253

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2271	0.2228	0.2253
February	0.2298	0.2258	0.2279
March	0.2279	0.2247	0.2262
April	0.2318	0.2264	0.2294
May	0.2306	0.2263	0.2275
June	0.2301	0.2254	0.2285
July	0.2289	0.2247	0.2266
August	0.2281	0.2193	0.2232
September	0.2232	0.2199	0.2213
October	0.2280	0.2211	0.2256
November	0.2364	0.2255	0.2316
December	0.2376	0.2322	0.2349