2022 MKD to MAD Historical Review

YEARLY HIGH

0.1816 MAD

YEARLY LOW

0.1670 MAD

YEARLY AVERAGE

0.1734 MAD

2022 MKD to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.1816. Conversely, the yearly low was recorded on July 11, dropping to 0.1670.

This high-to-low spread represents a total annual volatility of 0.0146 MAD. From a start-to-finish perspective, comparing the January average rate of 0.1707 to the December average rate of 0.1807, the exchange rate registered a net change of 5.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1816 was up 2.59% compared to the 2021 peak of 0.1770, 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 908 MAD

2021 Average 863 MAD

Yearly Trough Low 835 MAD

Transaction Impact: A difference of 72.77 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1819

0.1682

JanuMarcMayJulySeptNove

MKD to MAD 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 0.1722, compared to 0.1747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1722

H2 Avg (Jul–Dec) 0.1747

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0059 MAD (High: 0.1729 / Low: 0.1670). On the other end, January was the most stable month, with a tight range of 0.0018 MAD (High: 0.1717 / Low: 0.1699).

July Spread (Volatile) ±0.0059

January Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0022 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.1807) against the same month in 2021 (average: 0.1698), the exchange rate shifted by +0.0109 (+6.40%).

2022 Avg (December) 0.1807

2021 Avg (December) 0.1698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1717	0.1699	0.1707
February	0.1741	0.1705	0.1727
March	0.1776	0.1722	0.1739
April	0.1745	0.1707	0.1725
May	0.1736	0.1700	0.1716
June	0.1728	0.1699	0.1715
July	0.1729	0.1670	0.1693
August	0.1730	0.1691	0.1713
September	0.1759	0.1710	0.1731
October	0.1766	0.1726	0.1748
November	0.1808	0.1750	0.1787
December	0.1816	0.1796	0.1807