2021 AED to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 AED to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the AED to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 14.9761. Conversely, the yearly low was recorded on January 6, dropping to 13.6069.
This high-to-low spread represents a total annual volatility of 1.3692 MKD. From a start-to-finish perspective, comparing the January average rate of 13.7866 to the December average rate of 14.8361, the exchange rate registered a net change of 7.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 14.9761 was down 4.31% compared to the 2020 peak of 15.6514, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AED based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.9204, compared to 14.4446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5242 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 0.5292 MKD (High: 14.9761 / Low: 14.4469). On the other end, December was the most stable month, with a tight range of 0.1433 MKD (High: 14.9281 / Low: 14.7848).
Growth Streaks & Declines
TrendsBetween May and August, 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 April and May, when the average rate fell by 0.2190 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 14.7075) against the same month in 2020 (average: 14.1719), the exchange rate shifted by +0.5356 (+3.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.9009 | 13.6069 | 13.7866 |
| February | 14.0200 | 13.7718 | 13.8759 |
| March | 14.3144 | 13.8818 | 14.1039 |
| April | 14.2818 | 13.8111 | 14.0263 |
| May | 13.9695 | 13.6786 | 13.8073 |
| June | 14.1308 | 13.7241 | 13.9224 |
| July | 14.2558 | 14.0766 | 14.1794 |
| August | 14.3679 | 14.0747 | 14.2553 |
| September | 14.4841 | 14.1103 | 14.2335 |
| October | 14.5515 | 14.3585 | 14.4561 |
| November | 14.9761 | 14.4469 | 14.7075 |
| December | 14.9281 | 14.7848 | 14.8361 |