2024 AED to MKD Historical Review

YEARLY HIGH

16.1626 MKD

YEARLY LOW

14.9474 MKD

YEARLY AVERAGE

15.4908 MKD

2024 AED to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AED to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 16.1626. Conversely, the yearly low was recorded on August 25, dropping to 14.9474.

This high-to-low spread represents a total annual volatility of 1.2153 MKD. From a start-to-finish perspective, comparing the January average rate of 15.3547 to the December average rate of 15.9907, the exchange rate registered a net change of 4.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.1626 was up 1.02% compared to the 2023 peak of 15.9991, 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 80,813 MKD

2023 Average 77,514 MKD

Yearly Trough Low 74,737 MKD

Transaction Impact: A difference of 6,076.28 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.0812

14.9948

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 15.5031, compared to 15.4785 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 15.5031

H2 Avg (Jul–Dec) 15.4785

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.7453 MKD (High: 16.0839 / Low: 15.3386). On the other end, March was the most stable month, with a tight range of 0.2165 MKD (High: 15.5333 / Low: 15.3168).

November Spread (Volatile) ±0.7453

March Spread (Stable) ±0.2165

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 0.2321 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2321

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 15.9907) against the same month in 2023 (average: 15.3538), the exchange rate shifted by +0.6369 (+4.15%).

2024 Avg (December) 15.9907

2023 Avg (December) 15.3538

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.4831	15.1799	15.3547
February	15.6621	15.3896	15.5302
March	15.5333	15.3168	15.4212
April	15.8001	15.4358	15.6367
May	15.7211	15.3952	15.5026
June	15.6835	15.3634	15.5731
July	15.6044	15.3121	15.4475
August	15.5441	14.9474	15.2154
September	15.2132	14.9900	15.0853
October	15.5431	15.0683	15.3737
November	16.0839	15.3386	15.7584
December	16.1626	15.8299	15.9907