2022 MKD to AED Historical Review

YEARLY HIGH

0.0684 AED

YEARLY LOW

0.0574 AED

YEARLY AVERAGE

0.0629 AED

2022 MKD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0684. Conversely, the yearly low was recorded on September 27, dropping to 0.0574.

This high-to-low spread represents a total annual volatility of 0.0109 AED. From a start-to-finish perspective, comparing the January average rate of 0.0675 to the December average rate of 0.0631, the exchange rate registered a net change of -6.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0684 was down 6.95% compared to the 2021 peak of 0.0735, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 342 AED

2021 Average 353 AED

Yearly Trough Low 287 AED

Transaction Impact: A difference of 54.74 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0685

0.0577

JanuMarcMayJulySeptNove

MKD to AED 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 0.0652, compared to 0.0605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0652

H2 Avg (Jul–Dec) 0.0605

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0034 AED (High: 0.0621 / Low: 0.0586). On the other end, December was the most stable month, with a tight range of 0.0013 AED (High: 0.0637 / Low: 0.0624).

November Spread (Volatile) ±0.0034

December Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.0023 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0676) against the same month in 2021 (average: 0.0721), the exchange rate shifted by -0.0045 (-6.24%).

2022 Avg (February) 0.0676

2021 Avg (February) 0.0721

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0683	0.0664	0.0675
February	0.0684	0.0669	0.0676
March	0.0663	0.0647	0.0656
April	0.0659	0.0628	0.0645
May	0.0642	0.0620	0.0630
June	0.0640	0.0623	0.0631
July	0.0623	0.0597	0.0608
August	0.0616	0.0593	0.0605
September	0.0605	0.0574	0.0592
October	0.0597	0.0578	0.0586
November	0.0621	0.0586	0.0609
December	0.0637	0.0624	0.0631