YEARLY HIGH
10.4550 AMD
YEARLY LOW
8.6967 AMD
YEARLY AVERAGE
9.7116 AMD

2021 MKD to AMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to AMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 10.4550. Conversely, the yearly low was recorded on November 22, dropping to 8.6967.

This high-to-low spread represents a total annual volatility of 1.7583 AMD. From a start-to-finish perspective, comparing the January average rate of 10.3097 to the December average rate of 9.0319, the exchange rate registered a net change of -12.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.4550 was up 0.17% compared to the 2020 peak of 10.4377, 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 52,275 AMD
2020 Average 44,746 AMD
Yearly Trough Low 43,483 AMD
Transaction Impact: A difference of 8,791.74 AMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.4558
8.7025
JanuMarcMayJulySeptNove

MKD to AMD 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 10.2195, compared to 9.2036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0159 points.

H1 Avg (Jan–Jun) 10.2195
H2 Avg (Jul–Dec) 9.2036

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.5333 AMD (High: 10.3286 / Low: 9.7953). On the other end, August was the most stable month, with a tight range of 0.1551 AMD (High: 9.4735 / Low: 9.3184).

June Spread (Volatile) ±0.5333
August Spread (Stable) ±0.1551

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 0.6277 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6277

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 10.3097) against the same month in 2020 (average: 8.6462), the exchange rate shifted by +1.6635 (+19.24%).

2021 Avg (January) 10.3097
2020 Avg (January) 8.6462

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.4550 10.2192 10.3097
February 10.3834 10.1065 10.2517
March 10.2789 10.0621 10.1549
April 10.3358 10.0833 10.2084
May 10.3562 10.1497 10.2805
June 10.3286 9.7953 10.1120
July 9.7146 9.3050 9.4843
August 9.4735 9.3184 9.3917
September 9.5202 9.2185 9.4132
October 9.2236 8.9442 9.0520
November 9.0051 8.6967 8.8486
December 9.1211 8.8190 9.0319