YEARLY HIGH
0.1433 GTQ
YEARLY LOW
0.1227 GTQ
YEARLY AVERAGE
0.1326 GTQ

2022 MKD to GTQ Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to GTQ exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.1433. Conversely, the yearly low was recorded on September 27, dropping to 0.1227.

This high-to-low spread represents a total annual volatility of 0.0206 GTQ. From a start-to-finish perspective, comparing the January average rate of 0.1415 to the December average rate of 0.1352, the exchange rate registered a net change of -4.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1433 was down 8.05% compared to the 2021 peak of 0.1559, 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 717 GTQ
2021 Average 743 GTQ
Yearly Trough Low 613 GTQ
Transaction Impact: A difference of 103.10 GTQ purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1432
0.1238
JanuMarcMayJulySeptNove

MKD to GTQ 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 0.1367, compared to 0.1285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.1367
H2 Avg (Jul–Dec) 0.1285

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0078 GTQ (High: 0.1322 / Low: 0.1243). On the other end, June was the most stable month, with a tight range of 0.0031 GTQ (High: 0.1341 / Low: 0.1310).

November Spread (Volatile) ±0.0078
June Spread (Stable) ±0.0031

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 0.0047 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.1415) against the same month in 2021 (average: 0.1539), the exchange rate shifted by -0.0123 (-8.02%).

2022 Avg (January) 0.1415
2021 Avg (January) 0.1539

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1433 0.1389 0.1415
February 0.1432 0.1401 0.1416
March 0.1393 0.1356 0.1376
April 0.1380 0.1309 0.1349
May 0.1342 0.1293 0.1316
June 0.1341 0.1310 0.1328
July 0.1315 0.1259 0.1281
August 0.1298 0.1249 0.1275
September 0.1284 0.1227 0.1256
October 0.1274 0.1240 0.1254
November 0.1322 0.1243 0.1294
December 0.1365 0.1333 0.1352