2022 MKD to HKD Historical Review

YEARLY HIGH

0.1450 HKD

YEARLY LOW

0.1228 HKD

YEARLY AVERAGE

0.1340 HKD

2022 MKD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.1450. Conversely, the yearly low was recorded on September 27, dropping to 0.1228.

This high-to-low spread represents a total annual volatility of 0.0222 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1431 to the December average rate of 0.1339, the exchange rate registered a net change of -6.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1450 was down 6.52% compared to the 2021 peak of 0.1551, 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 725 HKD

2021 Average 746 HKD

Yearly Trough Low 614 HKD

Transaction Impact: A difference of 111.24 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1453

0.1234

JanuMarcMayJulySeptNove

MKD to HKD 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 0.1389, compared to 0.1291 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.1389

H2 Avg (Jul–Dec) 0.1291

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0068 HKD (High: 0.1320 / Low: 0.1253). On the other end, February was the most stable month, with a tight range of 0.0027 HKD (High: 0.1450 / Low: 0.1423).

November Spread (Volatile) ±0.0068

February Spread (Stable) ±0.0027

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 0.0049 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.1435) against the same month in 2021 (average: 0.1521), the exchange rate shifted by -0.0086 (-5.68%).

2022 Avg (February) 0.1435

2021 Avg (February) 0.1521

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1448	0.1410	0.1431
February	0.1450	0.1423	0.1435
March	0.1414	0.1377	0.1397
April	0.1406	0.1342	0.1378
May	0.1373	0.1324	0.1347
June	0.1366	0.1330	0.1348
July	0.1331	0.1276	0.1299
August	0.1316	0.1267	0.1291
September	0.1293	0.1228	0.1265
October	0.1275	0.1236	0.1252
November	0.1320	0.1253	0.1298
December	0.1354	0.1323	0.1339