2022 MKD to IRR Historical Review

YEARLY HIGH

787.8671 IRR

YEARLY LOW

662.2861 IRR

YEARLY AVERAGE

723.3737 IRR

2022 MKD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 787.8671. Conversely, the yearly low was recorded on September 27, dropping to 662.2861.

This high-to-low spread represents a total annual volatility of 125.5810 IRR. From a start-to-finish perspective, comparing the January average rate of 776.3746 to the December average rate of 716.8826, the exchange rate registered a net change of -7.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 787.8671 was down 6.48% compared to the 2021 peak of 842.4690, 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 3,939,335 IRR

2021 Average 4,047,874 IRR

Yearly Trough Low 3,311,431 IRR

Transaction Impact: A difference of 627,904.77 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

787.5858

665.4920

JanuMarcMayJulySeptNove

MKD to IRR 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 750.9443, compared to 695.8030 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 55.1414 points.

H1 Avg (Jan–Jun) 750.9443

H2 Avg (Jul–Dec) 695.8030

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 41.4173 IRR (High: 717.1787 / Low: 675.7614). On the other end, December was the most stable month, with a tight range of 18.1251 IRR (High: 725.1319 / Low: 707.0068).

November Spread (Volatile) ±41.4173

December Spread (Stable) ±18.1251

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 26.0729 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -26.0729

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 777.4113) against the same month in 2021 (average: 826.1342), the exchange rate shifted by -48.7229 (-5.90%).

2022 Avg (February) 777.4113

2021 Avg (February) 826.1342

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	785.7777	764.7913	776.3746
February	787.8671	768.7759	777.4113
March	764.9463	743.9673	755.2599
April	760.1590	722.9231	743.4910
May	741.6886	713.6799	726.2770
June	737.6561	716.0666	726.8522
July	718.5031	688.5396	700.7794
August	710.5473	683.6209	696.7529
September	698.6383	662.2861	682.2935
October	688.6258	666.2001	675.6665
November	717.1787	675.7614	702.4429
December	725.1319	707.0068	716.8826