2022 KWD to MKD Historical Review

YEARLY HIGH

205.9672 MKD

YEARLY LOW

177.6667 MKD

YEARLY AVERAGE

191.1219 MKD

2022 KWD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KWD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 205.9672. Conversely, the yearly low was recorded on February 6, dropping to 177.6667.

This high-to-low spread represents a total annual volatility of 28.3004 MKD. From a start-to-finish perspective, comparing the January average rate of 179.9654 to the December average rate of 189.8597, the exchange rate registered a net change of 5.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 205.9672 was up 13.42% compared to the 2021 peak of 181.5985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,029,836 MKD

2021 Average 863,363 MKD

Yearly Trough Low 888,334 MKD

Transaction Impact: A difference of 141,502.14 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

204.4266

177.4415

JanuMarcMayJulySeptNove

KWD 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 185.0779, compared to 197.1660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.0881 points.

H1 Avg (Jan–Jun) 185.0779

H2 Avg (Jul–Dec) 197.1660

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 9.8051 MKD (High: 202.2789 / Low: 192.4738). On the other end, February was the most stable month, with a tight range of 3.6716 MKD (High: 181.3383 / Low: 177.6667).

November Spread (Volatile) ±9.8051

February Spread (Stable) ±3.6716

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 6.3677 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.3677

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 200.7735) against the same month in 2021 (average: 173.7894), the exchange rate shifted by +26.9842 (+15.53%).

2022 Avg (September) 200.7735

2021 Avg (September) 173.7894

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	182.4295	178.0882	179.9654
February	181.3383	177.6667	179.6903
March	186.8577	182.2566	184.2745
April	190.5757	183.1121	186.4845
May	193.0320	186.8930	190.1287
June	192.2777	187.4607	189.9239
July	199.6410	191.9953	196.5639
August	201.3879	194.5532	197.8107
September	205.9672	197.1369	200.7735
October	204.6556	199.0042	202.1779
November	202.2789	192.4738	195.8102
December	191.8814	188.1834	189.8597