YEARLY HIGH
9.3824 KZT
YEARLY LOW
7.1986 KZT
YEARLY AVERAGE
7.8904 KZT

2022 MKD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 9.3824. Conversely, the yearly low was recorded on May 25, dropping to 7.1986.

This high-to-low spread represents a total annual volatility of 2.1838 KZT. From a start-to-finish perspective, comparing the January average rate of 7.9979 to the December average rate of 8.0326, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 9.3824 was up 10.26% compared to the 2021 peak of 8.5092, 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 46,912 KZT
2021 Average 40,963 KZT
Yearly Trough Low 35,993 KZT
Transaction Impact: A difference of 10,918.86 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

9.1602
7.2658
JanuMarcMayJulySeptNove

MKD to KZT 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 8.0132, compared to 7.7675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2457 points.

H1 Avg (Jan–Jun) 8.0132
H2 Avg (Jul–Dec) 7.7675

Volatility Range Comparison

Volatility

The most volatile month in 2022 was February, with a trading range of 1.0750 KZT (High: 8.9198 / Low: 7.8448). On the other end, December was the most stable month, with a tight range of 0.1929 KZT (High: 8.1452 / Low: 7.9524).

February Spread (Volatile) ±1.0750
December Spread (Stable) ±0.1929

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 March and April, when the average rate fell by 1.0197 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 9.0023) against the same month in 2021 (average: 8.1214), the exchange rate shifted by +0.8809 (+10.85%).

2022 Avg (March) 9.0023
2021 Avg (March) 8.1214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.0955 7.8609 7.9979
February 8.9198 7.8448 8.0223
March 9.3824 8.3242 9.0023
April 8.5421 7.6116 7.9826
May 7.6116 7.1986 7.4237
June 8.0128 7.4476 7.6505
July 8.0190 7.6895 7.8693
August 8.0001 7.5183 7.8277
September 7.7845 7.4833 7.6571
October 7.6680 7.4059 7.5364
November 7.9224 7.3948 7.6819
December 8.1452 7.9524 8.0326