YEARLY HIGH
0.1508 MKD
YEARLY LOW
0.1362 MKD
YEARLY AVERAGE
0.1451 MKD

2023 AMD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AMD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1508. Conversely, the yearly low was recorded on December 28, dropping to 0.1362.

This high-to-low spread represents a total annual volatility of 0.0147 MKD. From a start-to-finish perspective, comparing the January average rate of 0.1446 to the December average rate of 0.1394, the exchange rate registered a net change of -3.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1508 was down 5.14% compared to the 2022 peak of 0.1590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 754 MKD
2022 Average 679 MKD
Yearly Trough Low 681 MKD
Transaction Impact: A difference of 73.26 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1502
0.1385
JanuMarcMayJulySeptNove

AMD 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 0.1462, compared to 0.1441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.1462
H2 Avg (Jul–Dec) 0.1441

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.0114 MKD (High: 0.1477 / Low: 0.1363). On the other end, August was the most stable month, with a tight range of 0.0036 MKD (High: 0.1479 / Low: 0.1443).

October Spread (Volatile) ±0.0114
August Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.1492) against the same month in 2022 (average: 0.1520), the exchange rate shifted by -0.0028 (-1.83%).

2023 Avg (September) 0.1492
2022 Avg (September) 0.1520

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1492 0.1425 0.1446
February 0.1497 0.1422 0.1460
March 0.1504 0.1450 0.1482
April 0.1457 0.1421 0.1446
May 0.1496 0.1435 0.1466
June 0.1495 0.1450 0.1472
July 0.1470 0.1403 0.1438
August 0.1479 0.1443 0.1461
September 0.1508 0.1463 0.1492
October 0.1477 0.1363 0.1442
November 0.1456 0.1394 0.1417
December 0.1422 0.1362 0.1394