YEARLY HIGH
17.4094 MKD
YEARLY LOW
14.6225 MKD
YEARLY AVERAGE
15.9430 MKD

2022 AED to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AED to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 17.4094. Conversely, the yearly low was recorded on February 6, dropping to 14.6225.

This high-to-low spread represents a total annual volatility of 2.7870 MKD. From a start-to-finish perspective, comparing the January average rate of 14.8205 to the December average rate of 15.8451, the exchange rate registered a net change of 6.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 17.4094 was up 16.25% compared to the 2021 peak of 14.9761, 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 87,047 MKD
2021 Average 70,923 MKD
Yearly Trough Low 73,112 MKD
Transaction Impact: A difference of 13,934.83 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

17.2932
14.5727
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 15.3473, compared to 16.5387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1914 points.

H1 Avg (Jan–Jun) 15.3473
H2 Avg (Jul–Dec) 16.5387

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.9475 MKD (High: 17.0625 / Low: 16.1150). On the other end, February was the most stable month, with a tight range of 0.3285 MKD (High: 14.9509 / Low: 14.6225).

November Spread (Volatile) ±0.9475
February Spread (Stable) ±0.3285

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.6374 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.6374

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 16.8954) against the same month in 2021 (average: 14.2335), the exchange rate shifted by +2.6619 (+18.70%).

2022 Avg (September) 16.8954
2021 Avg (September) 14.2335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.0494 14.6389 14.8205
February 14.9509 14.6225 14.7994
March 15.4556 15.0727 15.2418
April 15.9157 15.1680 15.5000
May 16.1367 15.5645 15.8646
June 16.0635 15.6312 15.8577
July 16.7456 16.0474 16.4532
August 16.8662 16.2266 16.5430
September 17.4094 16.5230 16.8954
October 17.2867 16.7633 17.0665
November 17.0625 16.1150 16.4291
December 16.0349 15.7061 15.8451