YEARLY HIGH
15.3642 MKD
YEARLY LOW
14.5837 MKD
YEARLY AVERAGE
14.9627 MKD

2019 AED to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AED to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 15.3642. Conversely, the yearly low was recorded on January 9, dropping to 14.5837.

This high-to-low spread represents a total annual volatility of 0.7804 MKD. From a start-to-finish perspective, comparing the January average rate of 14.6936 to the December average rate of 15.0694, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 15.3642 was up 3.32% compared to the 2018 peak of 14.8705, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,821 MKD
2018 Average 71,025 MKD
Yearly Trough Low 72,919 MKD
Transaction Impact: A difference of 3,902.16 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

15.2547
14.6426
JanuMarcMayJulySeptNove

AED 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 14.8393, compared to 15.0862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2469 points.

H1 Avg (Jan–Jun) 14.8393
H2 Avg (Jul–Dec) 15.0862

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.3594 MKD (High: 15.0629 / Low: 14.7034). On the other end, May was the most stable month, with a tight range of 0.1546 MKD (High: 15.0668 / Low: 14.9122).

June Spread (Volatile) ±0.3594
May Spread (Stable) ±0.1546

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.1468 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 15.2037) against the same month in 2018 (average: 14.3909), the exchange rate shifted by +0.8128 (+5.65%).

2019 Avg (September) 15.2037
2018 Avg (September) 14.3909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.7511 14.5837 14.6936
February 14.9041 14.6115 14.7749
March 14.9270 14.7080 14.8164
April 15.0429 14.7775 14.9154
May 15.0668 14.9122 14.9911
June 15.0629 14.7034 14.8443
July 15.0222 14.7543 14.8904
August 15.1619 14.8897 15.0469
September 15.3642 15.0405 15.2037
October 15.3166 15.0077 15.1494
November 15.2224 15.0035 15.1576
December 15.1968 14.9289 15.0694