YEARLY HIGH
7.0156 HUF
YEARLY LOW
5.6756 HUF
YEARLY AVERAGE
6.3462 HUF

2022 MKD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 7.0156. Conversely, the yearly low was recorded on February 3, dropping to 5.6756.

This high-to-low spread represents a total annual volatility of 1.3400 HUF. From a start-to-finish perspective, comparing the January average rate of 5.8263 to the December average rate of 6.6051, the exchange rate registered a net change of 13.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 7.0156 was up 16.73% compared to the 2021 peak of 6.0102, 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 35,078 HUF
2021 Average 29,102 HUF
Yearly Trough Low 28,378 HUF
Transaction Impact: A difference of 6,699.96 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

6.8694
5.7063
JanuMarcMayJulySeptNove

MKD to HUF 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 6.0898, compared to 6.6027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5129 points.

H1 Avg (Jan–Jun) 6.0898
H2 Avg (Jul–Dec) 6.6027

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.4821 HUF (High: 6.3820 / Low: 5.9000). On the other end, April was the most stable month, with a tight range of 0.2291 HUF (High: 6.1901 / Low: 5.9610).

March Spread (Volatile) ±0.4821
April Spread (Stable) ±0.2291

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1769 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1769

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 6.7725) against the same month in 2021 (average: 5.8589), the exchange rate shifted by +0.9136 (+15.59%).

2022 Avg (October) 6.7725
2021 Avg (October) 5.8589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.9825 5.6917 5.8263
February 6.0345 5.6756 5.8032
March 6.3820 5.9000 6.1199
April 6.1901 5.9610 6.0875
May 6.4411 6.0470 6.2530
June 6.5437 6.2890 6.4490
July 6.6829 6.4014 6.5359
August 6.7187 6.3895 6.5297
September 6.8374 6.3933 6.5773
October 7.0156 6.5731 6.7725
November 6.7014 6.3652 6.5956
December 6.8205 6.4681 6.6051