2023 AUD to MKD Historical Review

YEARLY HIGH

40.5225 MKD

YEARLY LOW

36.0780 MKD

YEARLY AVERAGE

37.8410 MKD

2023 AUD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AUD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 40.5225. Conversely, the yearly low was recorded on August 19, dropping to 36.0780.

This high-to-low spread represents a total annual volatility of 4.4445 MKD. From a start-to-finish perspective, comparing the January average rate of 39.7917 to the December average rate of 37.7956, the exchange rate registered a net change of -5.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 40.5225 was down 5.76% compared to the 2022 peak of 42.9990, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 202,613 MKD

2022 Average 203,174 MKD

Yearly Trough Low 180,390 MKD

Transaction Impact: A difference of 22,222.62 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.1135

36.2516

JanuMarcMayJulySeptNove

AUD 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 38.5400, compared to 37.1421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3979 points.

H1 Avg (Jan–Jun) 38.5400

H2 Avg (Jul–Dec) 37.1421

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.9201 MKD (High: 39.1136 / Low: 37.1935). On the other end, October was the most stable month, with a tight range of 0.8130 MKD (High: 37.4079 / Low: 36.5949).

June Spread (Volatile) ±1.9201

October Spread (Stable) ±0.8130

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 1.1697 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1697

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 39.7917) against the same month in 2022 (average: 39.0437), the exchange rate shifted by +0.7480 (+1.92%).

2023 Avg (January) 39.7917

2022 Avg (January) 39.0437

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.5225	39.2268	39.7917
February	40.4277	39.0331	39.6168
March	39.3198	37.8282	38.4471
April	38.4794	36.5888	37.5313
May	38.0472	36.9927	37.6392
June	39.1136	37.1935	38.2140
July	38.4541	36.9937	37.4781
August	37.0345	36.0780	36.5734
September	37.4245	36.5546	37.0175
October	37.4079	36.5949	36.9671
November	37.5982	36.5926	37.0208
December	38.1595	37.3299	37.7956