2022 MKD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MKD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 17.8017. Conversely, the yearly low was recorded on May 14, dropping to 13.7506.
This high-to-low spread represents a total annual volatility of 4.0511 MWK. From a start-to-finish perspective, comparing the January average rate of 14.9926 to the December average rate of 17.6145, the exchange rate registered a net change of 17.49% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 17.8017 was up 12.41% compared to the 2021 peak of 15.8364, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MKD to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.9122, compared to 16.8799 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9677 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was June, with a trading range of 3.6053 MWK (High: 17.7708 / Low: 14.1654). On the other end, December was the most stable month, with a tight range of 0.3642 MWK (High: 17.8017 / Low: 17.4375).
Growth Streaks & Declines
TrendsBetween May and July, 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 August and September, when the average rate fell by 0.3643 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 17.6145) against the same month in 2021 (average: 14.9592), the exchange rate shifted by +2.6553 (+17.75%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.2041 | 14.7608 | 14.9926 |
| February | 15.0872 | 14.5888 | 14.8289 |
| March | 14.7600 | 14.1527 | 14.4925 |
| April | 14.6742 | 13.9195 | 14.3128 |
| May | 14.3756 | 13.7506 | 14.0136 |
| June | 17.7708 | 14.1654 | 16.8326 |
| July | 17.4098 | 16.6895 | 16.9675 |
| August | 17.2092 | 16.4805 | 16.8679 |
| September | 16.8763 | 16.0356 | 16.5035 |
| October | 16.6878 | 16.0454 | 16.3420 |
| November | 17.3420 | 16.3205 | 16.9840 |
| December | 17.8017 | 17.4375 | 17.6145 |