YEARLY HIGH
30.5562 MKD
YEARLY LOW
27.7656 MKD
YEARLY AVERAGE
28.9379 MKD

2021 AWG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AWG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 30.5562. Conversely, the yearly low was recorded on January 6, dropping to 27.7656.

This high-to-low spread represents a total annual volatility of 2.7905 MKD. From a start-to-finish perspective, comparing the January average rate of 28.1330 to the December average rate of 30.2701, the exchange rate registered a net change of 7.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 30.5562 was down 4.32% compared to the 2020 peak of 31.9374, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152,781 MKD
2020 Average 150,165 MKD
Yearly Trough Low 138,828 MKD
Transaction Impact: A difference of 13,952.74 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

30.4838
27.9193
JanuMarcMayJulySeptNove

AWG 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 28.4045, compared to 29.4713 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0668 points.

H1 Avg (Jan–Jun) 28.4045
H2 Avg (Jul–Dec) 29.4713

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.0749 MKD (High: 30.5562 / Low: 29.4813). On the other end, December was the most stable month, with a tight range of 0.2844 MKD (High: 30.4532 / Low: 30.1688).

November Spread (Volatile) ±1.0749
December Spread (Stable) ±0.2844

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.4489 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4489

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 30.0075) against the same month in 2020 (average: 28.9189), the exchange rate shifted by +1.0886 (+3.76%).

2021 Avg (November) 30.0075
2020 Avg (November) 28.9189

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.3653 27.7656 28.1330
February 28.6101 28.0835 28.3135
March 29.2109 28.3268 28.7806
April 29.1429 28.1701 28.6209
May 28.5070 27.9134 28.1720
June 28.8363 27.9909 28.4067
July 29.0870 28.7256 28.9310
August 29.3136 28.7204 29.0847
September 29.5489 28.7865 29.0394
October 29.6948 29.3008 29.4952
November 30.5562 29.4813 30.0075
December 30.4532 30.1688 30.2701