YEARLY HIGH
2.6180 DZD
YEARLY LOW
2.1982 DZD
YEARLY AVERAGE
2.4321 DZD

2022 MKD to DZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to DZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 2.6180. Conversely, the yearly low was recorded on September 27, dropping to 2.1982.

This high-to-low spread represents a total annual volatility of 0.4198 DZD. From a start-to-finish perspective, comparing the January average rate of 2.5672 to the December average rate of 2.3658, the exchange rate registered a net change of -7.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.6180 was down 1.24% compared to the 2021 peak of 2.6509, 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 13,090 DZD
2021 Average 12,959 DZD
Yearly Trough Low 10,991 DZD
Transaction Impact: A difference of 2,098.84 DZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.6233
2.2057
JanuMarcMayJulySeptNove

MKD to DZD 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 2.5387, compared to 2.3255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2132 points.

H1 Avg (Jan–Jun) 2.5387
H2 Avg (Jul–Dec) 2.3255

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.1462 DZD (High: 2.4235 / Low: 2.2773). On the other end, December was the most stable month, with a tight range of 0.0300 DZD (High: 2.3774 / Low: 2.3474).

August Spread (Volatile) ±0.1462
December Spread (Stable) ±0.0300

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 0.0822 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0822

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 2.5885) against the same month in 2021 (average: 2.6086), the exchange rate shifted by -0.0201 (-0.77%).

2022 Avg (February) 2.5885
2021 Avg (February) 2.6086

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6033 2.5402 2.5672
February 2.6180 2.5607 2.5885
March 2.5730 2.5156 2.5476
April 2.5720 2.4762 2.5246
May 2.5430 2.4684 2.4977
June 2.5336 2.4770 2.5066
July 2.4870 2.3923 2.4244
August 2.4235 2.2773 2.3475
September 2.3263 2.1982 2.2676
October 2.2867 2.2073 2.2405
November 2.3380 2.2378 2.3070
December 2.3774 2.3474 2.3658