YEARLY HIGH
0.8146 MUR
YEARLY LOW
0.6899 MUR
YEARLY AVERAGE
0.7568 MUR

2022 MKD to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.8146. Conversely, the yearly low was recorded on October 11, dropping to 0.6899.

This high-to-low spread represents a total annual volatility of 0.1247 MUR. From a start-to-finish perspective, comparing the January average rate of 0.8021 to the December average rate of 0.7537, the exchange rate registered a net change of -6.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8146 was down 1.91% compared to the 2021 peak of 0.8305, 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 4,073 MUR
2021 Average 3,992 MUR
Yearly Trough Low 3,449 MUR
Transaction Impact: A difference of 623.54 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.8140
0.7041
JanuMarcMayJulySeptNove

MKD to MUR 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 0.7780, compared to 0.7356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0424 points.

H1 Avg (Jan–Jun) 0.7780
H2 Avg (Jul–Dec) 0.7356

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0661 MUR (High: 0.8020 / Low: 0.7359). On the other end, December was the most stable month, with a tight range of 0.0214 MUR (High: 0.7625 / Low: 0.7411).

April Spread (Volatile) ±0.0661
December Spread (Stable) ±0.0214

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 March and April, when the average rate fell by 0.0259 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.8021) against the same month in 2021 (average: 0.7804), the exchange rate shifted by +0.0217 (+2.78%).

2022 Avg (January) 0.8021
2021 Avg (January) 0.7804

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8146 0.7805 0.8021
February 0.8139 0.7921 0.8048
March 0.8145 0.7618 0.7921
April 0.8020 0.7359 0.7661
May 0.7627 0.7255 0.7407
June 0.7782 0.7490 0.7619
July 0.7755 0.7299 0.7499
August 0.7649 0.7139 0.7435
September 0.7430 0.7006 0.7239
October 0.7356 0.6899 0.7133
November 0.7492 0.7077 0.7294
December 0.7625 0.7411 0.7537