2023 ALL to MKD Historical Review

YEARLY HIGH

0.6129 MKD

YEARLY LOW

0.5192 MKD

YEARLY AVERAGE

0.5671 MKD

2023 ALL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.6129. Conversely, the yearly low was recorded on January 9, dropping to 0.5192.

This high-to-low spread represents a total annual volatility of 0.0937 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5298 to the December average rate of 0.5988, the exchange rate registered a net change of 13.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6129 was up 12.43% compared to the 2022 peak of 0.5452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,065 MKD

2022 Average 2,590 MKD

Yearly Trough Low 2,596 MKD

Transaction Impact: A difference of 468.52 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6057

0.5229

JanuMarcMayJulySeptNove

ALL 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 0.5462, compared to 0.5880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0419 points.

H1 Avg (Jan–Jun) 0.5462

H2 Avg (Jul–Dec) 0.5880

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0455 MKD (High: 0.6019 / Low: 0.5565). On the other end, February was the most stable month, with a tight range of 0.0089 MKD (High: 0.5372 / Low: 0.5283).

August Spread (Volatile) ±0.0455

February Spread (Stable) ±0.0089

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0131 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.5961) against the same month in 2022 (average: 0.5247), the exchange rate shifted by +0.0714 (+13.61%).

2023 Avg (July) 0.5961

2022 Avg (July) 0.5247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5468	0.5192	0.5298
February	0.5372	0.5283	0.5324
March	0.5430	0.5335	0.5383
April	0.5553	0.5421	0.5481
May	0.5611	0.5426	0.5542
June	0.5848	0.5648	0.5742
July	0.6129	0.5774	0.5961
August	0.6019	0.5565	0.5830
September	0.5825	0.5690	0.5758
October	0.5864	0.5763	0.5817
November	0.6041	0.5845	0.5930
December	0.6094	0.5909	0.5988