YEARLY HIGH
3.8948 GYD
YEARLY LOW
3.2724 GYD
YEARLY AVERAGE
3.5809 GYD

2022 MKD to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 3.8948. Conversely, the yearly low was recorded on September 27, dropping to 3.2724.

This high-to-low spread represents a total annual volatility of 0.6224 GYD. From a start-to-finish perspective, comparing the January average rate of 3.8423 to the December average rate of 3.5967, the exchange rate registered a net change of -6.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.8948 was down 6.92% compared to the 2021 peak of 4.1845, 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 19,474 GYD
2021 Average 20,085 GYD
Yearly Trough Low 16,362 GYD
Transaction Impact: A difference of 3,111.96 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.8990
3.2861
JanuMarcMayJulySeptNove

MKD to GYD 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 3.7156, compared to 3.4462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2694 points.

H1 Avg (Jan–Jun) 3.7156
H2 Avg (Jul–Dec) 3.4462

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.2096 GYD (High: 3.5350 / Low: 3.3253). On the other end, December was the most stable month, with a tight range of 0.0718 GYD (High: 3.6283 / Low: 3.5566).

November Spread (Volatile) ±0.2096
December Spread (Stable) ±0.0718

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 0.1332 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 3.8479) against the same month in 2021 (average: 4.1044), the exchange rate shifted by -0.2565 (-6.25%).

2022 Avg (February) 3.8479
2021 Avg (February) 4.1044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.8899 3.7795 3.8423
February 3.8948 3.7979 3.8479
March 3.7789 3.6767 3.7381
April 3.7579 3.5759 3.6800
May 3.6583 3.5281 3.5904
June 3.6461 3.5448 3.5948
July 3.5486 3.4018 3.4616
August 3.5113 3.3760 3.4466
September 3.4428 3.2724 3.3703
October 3.3982 3.2938 3.3372
November 3.5350 3.3253 3.4647
December 3.6283 3.5566 3.5967