2022 MKD to FJD Historical Review

YEARLY HIGH

0.0398 FJD

YEARLY LOW

0.0354 FJD

YEARLY AVERAGE

0.0374 FJD

2022 MKD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0398. Conversely, the yearly low was recorded on August 14, dropping to 0.0354.

This high-to-low spread represents a total annual volatility of 0.0044 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0391 to the December average rate of 0.0379, the exchange rate registered a net change of -3.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0398 was down 2.04% compared to the 2021 peak of 0.0407, 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 199 FJD

2021 Average 199 FJD

Yearly Trough Low 177 FJD

Transaction Impact: A difference of 22.04 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0396

0.0359

JanuMarcMayJulySeptNove

MKD to FJD 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 0.0380, compared to 0.0368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0380

H2 Avg (Jul–Dec) 0.0368

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0013 FJD (High: 0.0376 / Low: 0.0363). On the other end, January was the most stable month, with a tight range of 0.0007 FJD (High: 0.0394 / Low: 0.0387).

November Spread (Volatile) ±0.0013

January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0393) against the same month in 2021 (average: 0.0398), the exchange rate shifted by -0.0005 (-1.34%).

2022 Avg (February) 0.0393

2021 Avg (February) 0.0398

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0394	0.0387	0.0391
February	0.0398	0.0387	0.0393
March	0.0384	0.0371	0.0376
April	0.0375	0.0369	0.0372
May	0.0377	0.0366	0.0373
June	0.0378	0.0369	0.0374
July	0.0373	0.0362	0.0366
August	0.0366	0.0354	0.0362
September	0.0369	0.0359	0.0364
October	0.0373	0.0364	0.0368
November	0.0376	0.0363	0.0372
December	0.0385	0.0373	0.0379