2022 BHD to MKD Historical Review

YEARLY HIGH

169.6217 MKD

YEARLY LOW

142.4858 MKD

YEARLY AVERAGE

155.3241 MKD

2022 BHD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BHD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 169.6217. Conversely, the yearly low was recorded on February 6, dropping to 142.4858.

This high-to-low spread represents a total annual volatility of 27.1359 MKD. From a start-to-finish perspective, comparing the January average rate of 144.4043 to the December average rate of 154.4288, the exchange rate registered a net change of 6.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 169.6217 was up 16.25% compared to the 2021 peak of 145.9152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 848,108 MKD

2021 Average 691,008 MKD

Yearly Trough Low 712,429 MKD

Transaction Impact: A difference of 135,679.63 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

168.3878

142.0137

JanuMarcMayJulySeptNove

BHD 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: Jan–Jun) was 149.5135, compared to 161.1347 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.6212 points.

H1 Avg (Jan–Jun) 149.5135

H2 Avg (Jul–Dec) 161.1347

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 9.4614 MKD (High: 166.4720 / Low: 157.0106). On the other end, December was the most stable month, with a tight range of 3.1708 MKD (High: 156.2184 / Low: 153.0476).

November Spread (Volatile) ±9.4614

December Spread (Stable) ±3.1708

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 6.1088 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.1088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 164.6424) against the same month in 2021 (average: 138.6996), the exchange rate shifted by +25.9428 (+18.70%).

2022 Avg (September) 164.6424

2021 Avg (September) 138.6996

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	146.6898	142.6070	144.4043
February	145.8960	142.4858	144.2115
March	150.5867	146.8407	148.4916
April	155.0672	147.6281	150.9210
May	157.2435	151.6257	154.5655
June	156.4839	152.2692	154.4869
July	163.1572	156.2818	160.2909
August	164.2975	158.0983	161.1748
September	169.6217	161.2075	164.6424
October	168.2560	163.3029	166.1899
November	166.4720	157.0106	160.0812
December	156.2184	153.0476	154.4288