2022 IQD to MKD Historical Review

YEARLY HIGH

0.0438 MKD

YEARLY LOW

0.0368 MKD

YEARLY AVERAGE

0.0401 MKD

2022 IQD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IQD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0438. Conversely, the yearly low was recorded on February 6, dropping to 0.0368.

This high-to-low spread represents a total annual volatility of 0.0070 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0373 to the December average rate of 0.0399, the exchange rate registered a net change of 6.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0438 was up 16.10% compared to the 2021 peak of 0.0377, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 219 MKD

2021 Average 178 MKD

Yearly Trough Low 184 MKD

Transaction Impact: A difference of 35.02 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0435

0.0367

JanuMarcMayJulySeptNove

IQD 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 0.0386, compared to 0.0416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0386

H2 Avg (Jul–Dec) 0.0416

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0025 MKD (High: 0.0431 / Low: 0.0405). On the other end, December was the most stable month, with a tight range of 0.0008 MKD (High: 0.0403 / Low: 0.0395).

November Spread (Volatile) ±0.0025

December Spread (Stable) ±0.0008

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 0.0016 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0425) against the same month in 2021 (average: 0.0358), the exchange rate shifted by +0.0067 (+18.79%).

2022 Avg (September) 0.0425

2021 Avg (September) 0.0358

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0379	0.0368	0.0373
February	0.0377	0.0368	0.0372
March	0.0389	0.0379	0.0383
April	0.0401	0.0381	0.0390
May	0.0406	0.0392	0.0399
June	0.0404	0.0393	0.0399
July	0.0421	0.0404	0.0414
August	0.0424	0.0408	0.0416
September	0.0438	0.0416	0.0425
October	0.0438	0.0422	0.0430
November	0.0431	0.0405	0.0414
December	0.0403	0.0395	0.0399