2024 AOA to MKD Historical Review

YEARLY HIGH

0.0695 MKD

YEARLY LOW

0.0580 MKD

YEARLY AVERAGE

0.0654 MKD

2024 AOA to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0695. Conversely, the yearly low was recorded on October 2, dropping to 0.0580.

This high-to-low spread represents a total annual volatility of 0.0115 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0679 to the December average rate of 0.0643, the exchange rate registered a net change of -5.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0695 was down 40.38% compared to the 2023 peak of 0.1166, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 348 MKD

2023 Average 438 MKD

Yearly Trough Low 290 MKD

Transaction Impact: A difference of 57.72 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0696

0.0588

JanuMarcMayJulySeptNove

AOA 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 0.0679, compared to 0.0629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0051 points.

H1 Avg (Jan–Jun) 0.0679

H2 Avg (Jul–Dec) 0.0629

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0047 MKD (High: 0.0627 / Low: 0.0580). On the other end, January was the most stable month, with a tight range of 0.0012 MKD (High: 0.0684 / Low: 0.0672).

October Spread (Volatile) ±0.0047

January Spread (Stable) ±0.0012

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 August and September, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0687) against the same month in 2023 (average: 0.1106), the exchange rate shifted by -0.0419 (-37.86%).

2024 Avg (April) 0.0687

2023 Avg (April) 0.1106

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0684	0.0672	0.0679
February	0.0691	0.0679	0.0686
March	0.0686	0.0673	0.0679
April	0.0695	0.0677	0.0687
May	0.0690	0.0662	0.0676
June	0.0674	0.0660	0.0669
July	0.0666	0.0643	0.0651
August	0.0651	0.0607	0.0628
September	0.0610	0.0585	0.0597
October	0.0627	0.0580	0.0617
November	0.0647	0.0618	0.0635
December	0.0650	0.0637	0.0643