YEARLY HIGH
0.3349 MDL
YEARLY LOW
0.3049 MDL
YEARLY AVERAGE
0.3225 MDL

2022 MKD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.3349. Conversely, the yearly low was recorded on September 27, dropping to 0.3049.

This high-to-low spread represents a total annual volatility of 0.0300 MDL. From a start-to-finish perspective, comparing the January average rate of 0.3292 to the December average rate of 0.3321, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3349 was down 4.92% compared to the 2021 peak of 0.3523, 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 1,675 MDL
2021 Average 1,694 MDL
Yearly Trough Low 1,525 MDL
Transaction Impact: A difference of 150.08 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3344
0.3066
JanuMarcMayJulySeptNove

MKD to MDL 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 0.3271, compared to 0.3179 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.3271
H2 Avg (Jul–Dec) 0.3179

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0190 MDL (High: 0.3270 / Low: 0.3080). On the other end, December was the most stable month, with a tight range of 0.0047 MDL (High: 0.3349 / Low: 0.3303).

November Spread (Volatile) ±0.0190
December Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between April and June, 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 0.0097 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.3321) against the same month in 2021 (average: 0.3254), the exchange rate shifted by +0.0067 (+2.05%).

2022 Avg (December) 0.3321
2021 Avg (December) 0.3254

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3347 0.3241 0.3292
February 0.3329 0.3265 0.3292
March 0.3306 0.3222 0.3278
April 0.3291 0.3153 0.3236
May 0.3331 0.3144 0.3243
June 0.3316 0.3235 0.3282
July 0.3245 0.3136 0.3184
August 0.3223 0.3098 0.3170
September 0.3184 0.3049 0.3123
October 0.3141 0.3052 0.3089
November 0.3270 0.3080 0.3185
December 0.3349 0.3303 0.3321