2022 MKD to HRK Historical Review

YEARLY HIGH

0.1244 HRK

YEARLY LOW

0.1196 HRK

YEARLY AVERAGE

0.1223 HRK

2022 MKD to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.1244. Conversely, the yearly low was recorded on November 10, dropping to 0.1196.

This high-to-low spread represents a total annual volatility of 0.0048 HRK. From a start-to-finish perspective, comparing the January average rate of 0.1221 to the December average rate of 0.1224, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1244 was up 0.19% compared to the 2021 peak of 0.1241, 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 622 HRK

2021 Average 611 HRK

Yearly Trough Low 598 HRK

Transaction Impact: A difference of 23.80 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1229

0.1220

JanuMarcMayJulySeptNove

MKD to HRK 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 0.1224, compared to 0.1222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1224

H2 Avg (Jul–Dec) 0.1222

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0048 HRK (High: 0.1244 / Low: 0.1196). On the other end, May was the most stable month, with a tight range of 0.0014 HRK (High: 0.1229 / Low: 0.1215).

November Spread (Volatile) ±0.0048

May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.1222) against the same month in 2021 (average: 0.1221), the exchange rate shifted by +0.0002 (+0.14%).

2022 Avg (November) 0.1222

2021 Avg (November) 0.1221

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1232	0.1212	0.1221
February	0.1237	0.1205	0.1222
March	0.1242	0.1217	0.1228
April	0.1242	0.1224	0.1228
May	0.1229	0.1215	0.1223
June	0.1233	0.1210	0.1223
July	0.1226	0.1207	0.1220
August	0.1235	0.1211	0.1222
September	0.1243	0.1205	0.1223
October	0.1243	0.1209	0.1221
November	0.1244	0.1196	0.1222
December	0.1232	0.1214	0.1224