2022 MKD to INR Historical Review

YEARLY HIGH

1.4339 INR

YEARLY LOW

1.2778 INR

YEARLY AVERAGE

1.3430 INR

2022 MKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.4339. Conversely, the yearly low was recorded on September 25, dropping to 1.2778.

This high-to-low spread represents a total annual volatility of 0.1561 INR. From a start-to-finish perspective, comparing the January average rate of 1.3678 to the December average rate of 1.4167, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.4339 was down 2.84% compared to the 2021 peak of 1.4758, 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 7,169 INR

2021 Average 7,097 INR

Yearly Trough Low 6,389 INR

Transaction Impact: A difference of 780.28 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.4291

1.2804

JanuMarcMayJulySeptNove

MKD to INR 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 1.3525, compared to 1.3335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0190 points.

H1 Avg (Jan–Jun) 1.3525

H2 Avg (Jul–Dec) 1.3335

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0790 INR (High: 1.3793 / Low: 1.3003). On the other end, March was the most stable month, with a tight range of 0.0262 INR (High: 1.3739 / Low: 1.3476).

November Spread (Volatile) ±0.0790

March Spread (Stable) ±0.0262

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0244 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 1.4167) against the same month in 2021 (average: 1.3839), the exchange rate shifted by +0.0329 (+2.38%).

2022 Avg (December) 1.4167

2021 Avg (December) 1.3839

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3810	1.3497	1.3678
February	1.4007	1.3671	1.3795
March	1.3739	1.3476	1.3618
April	1.3633	1.3094	1.3386
May	1.3566	1.2989	1.3272
June	1.3532	1.3203	1.3404
July	1.3395	1.2948	1.3160
August	1.3358	1.2895	1.3098
September	1.3125	1.2778	1.2928
October	1.3390	1.2911	1.3135
November	1.3793	1.3003	1.3520
December	1.4339	1.3825	1.4167