2022 HTG to MKD Historical Review

YEARLY HIGH

0.5528 MKD

YEARLY LOW

0.3935 MKD

YEARLY AVERAGE

0.5030 MKD

2022 HTG to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HTG to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.5528. Conversely, the yearly low was recorded on December 31, dropping to 0.3935.

This high-to-low spread represents a total annual volatility of 0.1593 MKD. From a start-to-finish perspective, comparing the January average rate of 0.5351 to the December average rate of 0.4021, the exchange rate registered a net change of -24.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5528 was down 22.31% compared to the 2021 peak of 0.7115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,764 MKD

2021 Average 2,935 MKD

Yearly Trough Low 1,967 MKD

Transaction Impact: A difference of 796.55 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5484

0.3888

JanuMarcMayJulySeptNove

HTG 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 0.5253, compared to 0.4808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0445 points.

H1 Avg (Jan–Jun) 0.5253

H2 Avg (Jul–Dec) 0.4808

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0636 MKD (High: 0.4850 / Low: 0.4214). On the other end, February was the most stable month, with a tight range of 0.0162 MKD (High: 0.5383 / Low: 0.5221).

November Spread (Volatile) ±0.0636

February Spread (Stable) ±0.0162

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0572 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.5351) against the same month in 2021 (average: 0.6942), the exchange rate shifted by -0.1591 (-22.91%).

2022 Avg (January) 0.5351

2021 Avg (January) 0.6942

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5528	0.5187	0.5351
February	0.5383	0.5221	0.5286
March	0.5436	0.5223	0.5309
April	0.5362	0.5164	0.5252
May	0.5370	0.5061	0.5227
June	0.5289	0.4985	0.5091
July	0.5307	0.5129	0.5211
August	0.5288	0.4670	0.4891
September	0.5395	0.5051	0.5214
October	0.5227	0.4794	0.5041
November	0.4850	0.4214	0.4469
December	0.4160	0.3935	0.4021