2022 FJD to MKD Historical Review

YEARLY HIGH

28.2304 MKD

YEARLY LOW

25.1057 MKD

YEARLY AVERAGE

26.7459 MKD

2022 FJD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FJD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 28.2304. Conversely, the yearly low was recorded on February 6, dropping to 25.1057.

This high-to-low spread represents a total annual volatility of 3.1247 MKD. From a start-to-finish perspective, comparing the January average rate of 25.5548 to the December average rate of 26.3557, the exchange rate registered a net change of 3.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 28.2304 was up 8.70% compared to the 2021 peak of 25.9703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 141,152 MKD

2021 Average 125,908 MKD

Yearly Trough Low 125,528 MKD

Transaction Impact: A difference of 15,623.49 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

27.8559

25.2349

JanuMarcMayJulySeptNove

FJD 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 26.3453, compared to 27.1465 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8013 points.

H1 Avg (Jan–Jun) 26.3453

H2 Avg (Jul–Dec) 27.1465

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.9820 MKD (High: 27.5430 / Low: 26.5611). On the other end, January was the most stable month, with a tight range of 0.4271 MKD (High: 25.8231 / Low: 25.3959).

November Spread (Volatile) ±0.9820

January Spread (Stable) ±0.4271

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.5283 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5283

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 27.6374) against the same month in 2021 (average: 25.0188), the exchange rate shifted by +2.6187 (+10.47%).

2022 Avg (August) 27.6374

2021 Avg (August) 25.0188

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.8231	25.3959	25.5548
February	25.8539	25.1057	25.4533
March	26.9282	26.0611	26.6002
April	27.1200	26.6399	26.8977
May	27.3483	26.5109	26.8035
June	27.1353	26.4897	26.7620
July	27.6081	26.8180	27.3467
August	28.2304	27.3254	27.6374
September	27.8687	27.1336	27.4883
October	27.4439	26.8319	27.1672
November	27.5430	26.5611	26.8840
December	26.8264	25.9657	26.3557