2022 DJF to MKD Historical Review

YEARLY HIGH

0.3591 MKD

YEARLY LOW

0.3017 MKD

YEARLY AVERAGE

0.3290 MKD

2022 DJF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DJF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.3591. Conversely, the yearly low was recorded on February 6, dropping to 0.3017.

This high-to-low spread represents a total annual volatility of 0.0574 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3061 to the December average rate of 0.3272, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3591 was up 16.25% compared to the 2021 peak of 0.3089, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,796 MKD

2021 Average 1,463 MKD

Yearly Trough Low 1,509 MKD

Transaction Impact: A difference of 287.07 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3572

0.3008

JanuMarcMayJulySeptNove

DJF 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 0.3165, compared to 0.3414 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 0.3165

H2 Avg (Jul–Dec) 0.3414

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0207 MKD (High: 0.3533 / Low: 0.3326). On the other end, December was the most stable month, with a tight range of 0.0064 MKD (High: 0.3309 / Low: 0.3245).

November Spread (Volatile) ±0.0207

December Spread (Stable) ±0.0064

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 0.0129 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0129

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.3486) against the same month in 2021 (average: 0.2937), the exchange rate shifted by +0.0550 (+18.71%).

2022 Avg (September) 0.3486

2021 Avg (September) 0.2937

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3110	0.3023	0.3061
February	0.3094	0.3017	0.3055
March	0.3179	0.3110	0.3143
April	0.3286	0.3127	0.3191
May	0.3329	0.3213	0.3272
June	0.3310	0.3223	0.3268
July	0.3455	0.3312	0.3397
August	0.3479	0.3347	0.3409
September	0.3591	0.3412	0.3486
October	0.3590	0.3458	0.3525
November	0.3533	0.3326	0.3396
December	0.3309	0.3245	0.3272