2023 AWG to MKD Historical Review

YEARLY HIGH

32.6113 MKD

YEARLY LOW

30.3865 MKD

YEARLY AVERAGE

31.6212 MKD

2023 AWG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AWG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 32.6113. Conversely, the yearly low was recorded on July 16, dropping to 30.3865.

This high-to-low spread represents a total annual volatility of 2.2247 MKD. From a start-to-finish perspective, comparing the January average rate of 31.7493 to the December average rate of 31.3067, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 32.6113 was down 8.07% compared to the 2022 peak of 35.4758, 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 163,056 MKD

2022 Average 162,731 MKD

Yearly Trough Low 151,933 MKD

Transaction Impact: A difference of 11,123.72 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

32.4823

30.7705

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 31.6414, compared to 31.6010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0403 points.

H1 Avg (Jan–Jun) 31.6414

H2 Avg (Jul–Dec) 31.6010

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 1.3268 MKD (High: 32.6002 / Low: 31.2734). On the other end, October was the most stable month, with a tight range of 0.5711 MKD (High: 32.6113 / Low: 32.0402).

January Spread (Volatile) ±1.3268

October Spread (Stable) ±0.5711

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 0.7919 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7919

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 32.3396) against the same month in 2022 (average: 34.8053), the exchange rate shifted by -2.4657 (-7.08%).

2023 Avg (October) 32.3396

2022 Avg (October) 34.8053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.6002	31.2734	31.7493
February	32.3562	31.2753	31.9446
March	32.4240	31.3489	31.9547
April	31.5430	30.7513	31.1629
May	31.9816	30.9009	31.4669
June	31.9878	31.1538	31.5697
July	31.4490	30.3865	30.9131
August	31.7060	31.0008	31.3377
September	32.5359	31.6508	32.0119
October	32.6113	32.0402	32.3396
November	32.4502	31.1331	31.6970
December	31.7886	30.7817	31.3067