2021 MKD to AED Historical Review

YEARLY HIGH

0.0735 AED

YEARLY LOW

0.0668 AED

YEARLY AVERAGE

0.0705 AED

2021 MKD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0735. Conversely, the yearly low was recorded on November 24, dropping to 0.0668.

This high-to-low spread represents a total annual volatility of 0.0067 AED. From a start-to-finish perspective, comparing the January average rate of 0.0725 to the December average rate of 0.0674, the exchange rate registered a net change of -7.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0735 was up 0.23% compared to the 2020 peak of 0.0733, 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 367 AED

2020 Average 340 AED

Yearly Trough Low 334 AED

Transaction Impact: A difference of 33.60 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0730

0.0669

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 0.0718, compared to 0.0693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0718

H2 Avg (Jul–Dec) 0.0693

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0024 AED (High: 0.0692 / Low: 0.0668). On the other end, December was the most stable month, with a tight range of 0.0006 AED (High: 0.0676 / Low: 0.0670).

November Spread (Volatile) ±0.0024

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0725) against the same month in 2020 (average: 0.0663), the exchange rate shifted by +0.0062 (+9.37%).

2021 Avg (January) 0.0725

2020 Avg (January) 0.0663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0735	0.0719	0.0725
February	0.0726	0.0713	0.0721
March	0.0720	0.0699	0.0709
April	0.0724	0.0700	0.0713
May	0.0731	0.0716	0.0724
June	0.0729	0.0708	0.0718
July	0.0710	0.0701	0.0705
August	0.0710	0.0696	0.0702
September	0.0709	0.0690	0.0703
October	0.0696	0.0687	0.0692
November	0.0692	0.0668	0.0680
December	0.0676	0.0670	0.0674