YEARLY HIGH
13.1284 AOA
YEARLY LOW
10.1111 AOA
YEARLY AVERAGE
12.0460 AOA

2021 MKD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MKD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 13.1284. Conversely, the yearly low was recorded on December 31, dropping to 10.1111.

This high-to-low spread represents a total annual volatility of 3.0174 AOA. From a start-to-finish perspective, comparing the January average rate of 12.9495 to the December average rate of 10.3441, the exchange rate registered a net change of -20.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.1284 was up 0.43% compared to the 2020 peak of 13.0726, 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 65,642 AOA
2020 Average 53,791 AOA
Yearly Trough Low 50,555 AOA
Transaction Impact: A difference of 15,086.78 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.2101
10.0835
JanuMarcMayJulySeptNove

MKD to AOA 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 12.6103, compared to 11.4818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1285 points.

H1 Avg (Jan–Jun) 12.6103
H2 Avg (Jul–Dec) 11.4818

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.9522 AOA (High: 12.9237 / Low: 11.9715). On the other end, October was the most stable month, with a tight range of 0.1315 AOA (High: 11.3194 / Low: 11.1879).

April Spread (Volatile) ±0.9522
October Spread (Stable) ±0.1315

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 February and March, when the average rate fell by 0.7691 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7691

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 12.9495) against the same month in 2020 (average: 8.8260), the exchange rate shifted by +4.1236 (+46.72%).

2021 Avg (January) 12.9495
2020 Avg (January) 8.8260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1284 12.8694 12.9495
February 12.8619 12.4996 12.7886
March 12.3478 11.8890 12.0194
April 12.9237 11.9715 12.4880
May 12.9765 12.7178 12.8278
June 12.7352 12.4136 12.5883
July 12.4283 12.2194 12.3257
August 12.3532 12.0616 12.1677
September 12.2130 11.2620 11.8226
October 11.3194 11.1879 11.2583
November 11.2501 10.3994 10.9722
December 10.4448 10.1111 10.3441