2022 MKD to BND Historical Review

YEARLY HIGH

0.0250 BND

YEARLY LOW

0.0225 BND

YEARLY AVERAGE

0.0236 BND

2022 MKD to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0250. Conversely, the yearly low was recorded on September 27, dropping to 0.0225.

This high-to-low spread represents a total annual volatility of 0.0026 BND. From a start-to-finish perspective, comparing the January average rate of 0.0248 to the December average rate of 0.0232, the exchange rate registered a net change of -6.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0250 was down 5.30% compared to the 2021 peak of 0.0264, 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 125 BND

2021 Average 129 BND

Yearly Trough Low 112 BND

Transaction Impact: A difference of 12.94 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0250

0.0225

JanuMarcMayJulySeptNove

MKD to BND 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 0.0242, compared to 0.0229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0242

H2 Avg (Jul–Dec) 0.0229

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0010 BND (High: 0.0234 / Low: 0.0225). On the other end, June was the most stable month, with a tight range of 0.0004 BND (High: 0.0239 / Low: 0.0236).

November Spread (Volatile) ±0.0010

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0248) against the same month in 2021 (average: 0.0260), the exchange rate shifted by -0.0013 (-4.91%).

2022 Avg (February) 0.0248

2021 Avg (February) 0.0260

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0250	0.0245	0.0248
February	0.0250	0.0246	0.0248
March	0.0245	0.0239	0.0243
April	0.0244	0.0236	0.0240
May	0.0239	0.0235	0.0237
June	0.0239	0.0236	0.0238
July	0.0237	0.0228	0.0231
August	0.0230	0.0225	0.0228
September	0.0230	0.0225	0.0227
October	0.0231	0.0225	0.0228
November	0.0234	0.0225	0.0230
December	0.0234	0.0229	0.0232