2022 ISK to MKD Historical Review

YEARLY HIGH

0.4522 MKD

YEARLY LOW

0.4041 MKD

YEARLY AVERAGE

0.4332 MKD

2022 ISK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ISK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.4522. Conversely, the yearly low was recorded on December 24, dropping to 0.4041.

This high-to-low spread represents a total annual volatility of 0.0481 MKD. From a start-to-finish perspective, comparing the January average rate of 0.4220 to the December average rate of 0.4090, the exchange rate registered a net change of -3.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4522 was up 7.09% compared to the 2021 peak of 0.4223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,261 MKD

2021 Average 2,052 MKD

Yearly Trough Low 2,020 MKD

Transaction Impact: A difference of 240.47 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4486

0.4054

JanuMarcMayJulySeptNove

ISK 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 0.4360, compared to 0.4304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.4360

H2 Avg (Jul–Dec) 0.4304

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0207 MKD (High: 0.4289 / Low: 0.4082). On the other end, July was the most stable month, with a tight range of 0.0066 MKD (High: 0.4474 / Low: 0.4408).

November Spread (Volatile) ±0.0207

July Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 0.0167 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 0.4450) against the same month in 2021 (average: 0.4114), the exchange rate shifted by +0.0336 (+8.16%).

2022 Avg (May) 0.4450

2021 Avg (May) 0.4114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4325	0.4158	0.4220
February	0.4377	0.4292	0.4347
March	0.4398	0.4207	0.4297
April	0.4472	0.4332	0.4404
May	0.4522	0.4385	0.4450
June	0.4518	0.4399	0.4444
July	0.4474	0.4408	0.4430
August	0.4443	0.4319	0.4383
September	0.4452	0.4330	0.4379
October	0.4403	0.4279	0.4355
November	0.4289	0.4082	0.4189
December	0.4174	0.4041	0.4090