2021 MKD to AZN Historical Review

YEARLY HIGH

0.0340 AZN

YEARLY LOW

0.0309 AZN

YEARLY AVERAGE

0.0327 AZN

2021 MKD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0340. Conversely, the yearly low was recorded on November 24, dropping to 0.0309.

This high-to-low spread represents a total annual volatility of 0.0031 AZN. From a start-to-finish perspective, comparing the January average rate of 0.0336 to the December average rate of 0.0312, the exchange rate registered a net change of -7.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0340 was up 0.14% compared to the 2020 peak of 0.0340, 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 170 AZN

2020 Average 158 AZN

Yearly Trough Low 155 AZN

Transaction Impact: A difference of 15.56 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0338

0.0310

JanuMarcMayJulySeptNove

MKD to AZN 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 0.0333, compared to 0.0321 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0321

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0011 AZN (High: 0.0321 / Low: 0.0309). On the other end, December was the most stable month, with a tight range of 0.0003 AZN (High: 0.0313 / Low: 0.0310).

November Spread (Volatile) ±0.0011

December Spread (Stable) ±0.0003

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 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0336) against the same month in 2020 (average: 0.0307), the exchange rate shifted by +0.0029 (+9.28%).

2021 Avg (January) 0.0336

2020 Avg (January) 0.0307

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0340	0.0333	0.0336
February	0.0336	0.0330	0.0334
March	0.0334	0.0323	0.0328
April	0.0335	0.0324	0.0330
May	0.0339	0.0331	0.0335
June	0.0337	0.0328	0.0333
July	0.0329	0.0325	0.0327
August	0.0329	0.0322	0.0325
September	0.0328	0.0320	0.0325
October	0.0322	0.0318	0.0320
November	0.0321	0.0309	0.0315
December	0.0313	0.0310	0.0312