YEARLY HIGH
32.3428 MKD
YEARLY LOW
29.3850 MKD
YEARLY AVERAGE
30.6291 MKD

2021 AZN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AZN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 32.3428. Conversely, the yearly low was recorded on January 6, dropping to 29.3850.

This high-to-low spread represents a total annual volatility of 2.9578 MKD. From a start-to-finish perspective, comparing the January average rate of 29.7710 to the December average rate of 32.0443, the exchange rate registered a net change of 7.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 32.3428 was down 4.22% compared to the 2020 peak of 33.7665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161,714 MKD
2020 Average 158,767 MKD
Yearly Trough Low 146,925 MKD
Transaction Impact: A difference of 14,788.95 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

32.2716
29.5436
JanuMarcMayJulySeptNove

AZN 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: JanтАУJun) was 30.0624, compared to 31.1957 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.1333 points.

H1 Avg (JanтАУJun) 30.0624
H2 Avg (JulтАУDec) 31.1957

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.1421 MKD (High: 32.3428 / Low: 31.2007). On the other end, December was the most stable month, with a tight range of 0.2948 MKD (High: 32.2382 / Low: 31.9434).

November Spread (Volatile) ┬▒1.1421
December Spread (Stable) ┬▒0.2948

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 0.4726 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 31.7623) against the same month in 2020 (average: 30.5750), the exchange rate shifted by +1.1873 (+3.88%).

2021 Avg (November) 31.7623
2020 Avg (November) 30.5750

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 30.0197 29.3850 29.7710
February 30.2787 29.7420 29.9668
March 30.9146 29.9789 30.4592
April 30.8426 29.8276 30.2914
May 30.1696 29.5413 29.8188
June 30.5181 29.6398 30.0675
July 30.7864 30.4009 30.6224
August 31.0275 30.3955 30.7862
September 31.2810 30.4738 30.7393
October 31.4267 31.0097 31.2199
November 32.3428 31.2007 31.7623
December 32.2382 31.9434 32.0443