YEARLY HIGH
0.0686 AED
YEARLY LOW
0.0651 AED
YEARLY AVERAGE
0.0668 AED

2019 MKD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0686. Conversely, the yearly low was recorded on September 26, dropping to 0.0651.

This high-to-low spread represents a total annual volatility of 0.0035 AED. From a start-to-finish perspective, comparing the January average rate of 0.0681 to the December average rate of 0.0664, the exchange rate registered a net change of -2.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0686 was down 8.12% compared to the 2018 peak of 0.0746, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 343 AED
2018 Average 352 AED
Yearly Trough Low 325 AED
Transaction Impact: A difference of 17.42 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0683
0.0655
JanuMarcMayJulySeptNove

MKD to AED 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 0.0674, compared to 0.0663 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0674
H2 Avg (Jul–Dec) 0.0663

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0016 AED (High: 0.0680 / Low: 0.0664). On the other end, May was the most stable month, with a tight range of 0.0007 AED (High: 0.0671 / Low: 0.0664).

June Spread (Volatile) ±0.0016
May Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0681) against the same month in 2018 (average: 0.0728), the exchange rate shifted by -0.0047 (-6.48%).

2019 Avg (January) 0.0681
2018 Avg (January) 0.0728

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0686 0.0678 0.0681
February 0.0684 0.0671 0.0677
March 0.0680 0.0670 0.0675
April 0.0677 0.0665 0.0670
May 0.0671 0.0664 0.0667
June 0.0680 0.0664 0.0674
July 0.0678 0.0666 0.0672
August 0.0672 0.0660 0.0665
September 0.0665 0.0651 0.0658
October 0.0666 0.0653 0.0660
November 0.0667 0.0657 0.0660
December 0.0670 0.0658 0.0664