2022 MKD to BHD Historical Review

YEARLY HIGH

0.0070 BHD

YEARLY LOW

0.0059 BHD

YEARLY AVERAGE

0.0065 BHD

2022 MKD to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0070. Conversely, the yearly low was recorded on September 27, dropping to 0.0059.

This high-to-low spread represents a total annual volatility of 0.0011 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0069 to the December average rate of 0.0065, the exchange rate registered a net change of -6.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0070 was down 6.96% compared to the 2021 peak of 0.0075, 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 35 BHD

2021 Average 36 BHD

Yearly Trough Low 29 BHD

Transaction Impact: A difference of 5.61 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0070

0.0059

JanuMarcMayJulySeptNove

MKD to BHD 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 0.0067, compared to 0.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0067

H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0004 BHD (High: 0.0064 / Low: 0.0060). On the other end, December was the most stable month, with a tight range of 0.0001 BHD (High: 0.0065 / Low: 0.0064).

November Spread (Volatile) ±0.0004

December Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0069) against the same month in 2021 (average: 0.0074), the exchange rate shifted by -0.0005 (-6.26%).

2022 Avg (February) 0.0069

2021 Avg (February) 0.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0070	0.0068	0.0069
February	0.0070	0.0069	0.0069
March	0.0068	0.0066	0.0067
April	0.0068	0.0064	0.0066
May	0.0066	0.0064	0.0065
June	0.0066	0.0064	0.0065
July	0.0064	0.0061	0.0062
August	0.0063	0.0061	0.0062
September	0.0062	0.0059	0.0061
October	0.0061	0.0059	0.0060
November	0.0064	0.0060	0.0062
December	0.0065	0.0064	0.0065