YEARLY HIGH
1.0759 DOP
YEARLY LOW
0.8341 DOP
YEARLY AVERAGE
0.9416 DOP

2022 MKD to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 1.0759. Conversely, the yearly low was recorded on September 27, dropping to 0.8341.

This high-to-low spread represents a total annual volatility of 0.2418 DOP. From a start-to-finish perspective, comparing the January average rate of 1.0580 to the December average rate of 0.9511, the exchange rate registered a net change of -10.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0759 was down 7.53% compared to the 2021 peak of 1.1635, 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 5,380 DOP
2021 Average 5,480 DOP
Yearly Trough Low 4,170 DOP
Transaction Impact: A difference of 1,209.11 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0781
0.8373
JanuMarcMayJulySeptNove

MKD to DOP 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 0.9903, compared to 0.8929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0974 points.

H1 Avg (Jan–Jun) 0.9903
H2 Avg (Jul–Dec) 0.8929

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 0.0720 DOP (High: 1.0728 / Low: 1.0008). On the other end, March was the most stable month, with a tight range of 0.0220 DOP (High: 0.9928 / Low: 0.9708).

February Spread (Volatile) ±0.0720
March Spread (Stable) ±0.0220

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 February and March, when the average rate fell by 0.0647 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0647

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 1.0580) against the same month in 2021 (average: 1.1491), the exchange rate shifted by -0.0912 (-7.93%).

2022 Avg (January) 1.0580
2021 Avg (January) 1.1491

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0759 1.0416 1.0580
February 1.0728 1.0008 1.0456
March 0.9928 0.9708 0.9810
April 0.9881 0.9417 0.9677
May 0.9631 0.9302 0.9465
June 0.9614 0.9277 0.9430
July 0.9291 0.8878 0.9028
August 0.9073 0.8596 0.8870
September 0.8773 0.8341 0.8589
October 0.8761 0.8439 0.8573
November 0.9232 0.8601 0.9002
December 0.9744 0.9288 0.9511