2022 MKD to MYR Historical Review

YEARLY HIGH

0.0781 MYR

YEARLY LOW

0.0720 MYR

YEARLY AVERAGE

0.0752 MYR

2022 MKD to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 0.0781. Conversely, the yearly low was recorded on September 25, dropping to 0.0720.

This high-to-low spread represents a total annual volatility of 0.0061 MYR. From a start-to-finish perspective, comparing the January average rate of 0.0770 to the December average rate of 0.0758, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0781 was down 5.22% compared to the 2021 peak of 0.0824, 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 391 MYR

2021 Average 398 MYR

Yearly Trough Low 360 MYR

Transaction Impact: A difference of 30.73 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0774

0.0727

JanuMarcMayJulySeptNove

MKD to MYR 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 0.0758, compared to 0.0745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0758

H2 Avg (Jul–Dec) 0.0745

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0035 MYR (High: 0.0767 / Low: 0.0732). On the other end, February was the most stable month, with a tight range of 0.0014 MYR (High: 0.0778 / Low: 0.0765).

October Spread (Volatile) ±0.0035

February Spread (Stable) ±0.0014

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 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0764) against the same month in 2021 (average: 0.0774), the exchange rate shifted by -0.0010 (-1.28%).

2022 Avg (November) 0.0764

2021 Avg (November) 0.0774

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0777	0.0758	0.0770
February	0.0778	0.0765	0.0770
March	0.0759	0.0736	0.0750
April	0.0760	0.0743	0.0749
May	0.0766	0.0742	0.0752
June	0.0765	0.0747	0.0755
July	0.0748	0.0723	0.0735
August	0.0746	0.0723	0.0735
September	0.0741	0.0720	0.0731
October	0.0767	0.0732	0.0749
November	0.0781	0.0752	0.0764
December	0.0764	0.0745	0.0758