YEARLY HIGH
0.0132 JOD
YEARLY LOW
0.0111 JOD
YEARLY AVERAGE
0.0121 JOD

2022 MKD to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0132. Conversely, the yearly low was recorded on September 27, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0021 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0122, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0132 was down 6.95% compared to the 2021 peak of 0.0142, 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 66 JOD
2021 Average 68 JOD
Yearly Trough Low 55 JOD
Transaction Impact: A difference of 10.57 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0132
0.0111
JanuMarcMayJulySeptNove

MKD to JOD 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 0.0126, compared to 0.0117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0126
H2 Avg (Jul–Dec) 0.0117

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0007 JOD (High: 0.0120 / Low: 0.0113). On the other end, December was the most stable month, with a tight range of 0.0003 JOD (High: 0.0123 / Low: 0.0120).

November Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0130) against the same month in 2021 (average: 0.0139), the exchange rate shifted by -0.0009 (-6.22%).

2022 Avg (February) 0.0130
2021 Avg (February) 0.0139

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0128 0.0130
February 0.0132 0.0129 0.0130
March 0.0128 0.0125 0.0127
April 0.0127 0.0121 0.0125
May 0.0124 0.0120 0.0122
June 0.0124 0.0120 0.0122
July 0.0120 0.0115 0.0117
August 0.0119 0.0114 0.0117
September 0.0117 0.0111 0.0114
October 0.0115 0.0112 0.0113
November 0.0120 0.0113 0.0118
December 0.0123 0.0120 0.0122