2023 ANG to MKD Historical Review

YEARLY HIGH

32.5970 MKD

YEARLY LOW

30.3892 MKD

YEARLY AVERAGE

31.6083 MKD

2023 ANG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ANG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 32.5970. Conversely, the yearly low was recorded on July 18, dropping to 30.3892.

This high-to-low spread represents a total annual volatility of 2.2078 MKD. From a start-to-finish perspective, comparing the January average rate of 31.7293 to the December average rate of 31.2553, the exchange rate registered a net change of -1.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.5970 was down 8.11% compared to the 2022 peak of 35.4754, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 162,985 MKD

2022 Average 162,540 MKD

Yearly Trough Low 151,946 MKD

Transaction Impact: A difference of 11,039.05 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.4767

30.8013

JanuMarcMayJulySeptNove

ANG 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 31.6366, compared to 31.5800 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0567 points.

H1 Avg (Jan–Jun) 31.6366

H2 Avg (Jul–Dec) 31.5800

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.3949 MKD (High: 32.5100 / Low: 31.1151). On the other end, October was the most stable month, with a tight range of 0.5403 MKD (High: 32.5970 / Low: 32.0567).

November Spread (Volatile) ±1.3949

October Spread (Stable) ±0.5403

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.7989 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7989

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 32.3370) against the same month in 2022 (average: 34.7952), the exchange rate shifted by -2.4581 (-7.06%).

2023 Avg (October) 32.3370

2022 Avg (October) 34.7952

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.5761	31.2798	31.7293
February	32.3232	31.2814	31.9172
March	32.4336	31.3484	31.9775
April	31.5108	30.8489	31.1786
May	32.0052	30.9095	31.4585
June	32.0045	31.1335	31.5587
July	31.4503	30.3892	30.9409
August	31.6739	30.9956	31.3203
September	32.4627	31.6003	31.9891
October	32.5970	32.0567	32.3370
November	32.5100	31.1151	31.6372
December	31.7083	30.5881	31.2553