YEARLY HIGH
0.1230 DKK
YEARLY LOW
0.1179 DKK
YEARLY AVERAGE
0.1208 DKK

2022 MKD to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.1230. Conversely, the yearly low was recorded on November 10, dropping to 0.1179.

This high-to-low spread represents a total annual volatility of 0.0050 DKK. From a start-to-finish perspective, comparing the January average rate of 0.1208 to the December average rate of 0.1207, the exchange rate registered a net change of -0.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1230 was up 0.89% compared to the 2021 peak of 0.1219, 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 615 DKK
2021 Average 604 DKK
Yearly Trough Low 590 DKK
Transaction Impact: A difference of 25.24 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1210
0.1206
JanuMarcMayJulySeptNove

MKD to DKK 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 0.1208, compared to 0.1208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1208
H2 Avg (Jul–Dec) 0.1208

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0049 DKK (High: 0.1228 / Low: 0.1179). On the other end, April was the most stable month, with a tight range of 0.0013 DKK (High: 0.1218 / Low: 0.1205).

November Spread (Volatile) ±0.0049
April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.1210) against the same month in 2021 (average: 0.1208), the exchange rate shifted by +0.0001 (+0.12%).

2022 Avg (September) 0.1210
2021 Avg (September) 0.1208

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1217 0.1200 0.1208
February 0.1219 0.1191 0.1207
March 0.1220 0.1194 0.1208
April 0.1218 0.1205 0.1208
May 0.1215 0.1197 0.1207
June 0.1219 0.1196 0.1209
July 0.1213 0.1196 0.1208
August 0.1222 0.1202 0.1210
September 0.1230 0.1191 0.1210
October 0.1229 0.1194 0.1207
November 0.1228 0.1179 0.1206
December 0.1213 0.1198 0.1207