2022 MKD to NAD Historical Review

YEARLY HIGH

0.3044 NAD

YEARLY LOW

0.2560 NAD

YEARLY AVERAGE

0.2783 NAD

2022 MKD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.3044. Conversely, the yearly low was recorded on April 27, dropping to 0.2560.

This high-to-low spread represents a total annual volatility of 0.0484 NAD. From a start-to-finish perspective, comparing the January average rate of 0.2848 to the December average rate of 0.2963, the exchange rate registered a net change of 4.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3044 was down 0.27% compared to the 2021 peak of 0.3052, 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 1,522 NAD

2021 Average 1,419 NAD

Yearly Trough Low 1,280 NAD

Transaction Impact: A difference of 242.00 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2996

0.2599

JanuMarcMayJulySeptNove

MKD to NAD 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 0.2734, compared to 0.2832 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.2734

H2 Avg (Jul–Dec) 0.2832

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0264 NAD (High: 0.2858 / Low: 0.2594). On the other end, May was the most stable month, with a tight range of 0.0080 NAD (High: 0.2776 / Low: 0.2695).

March Spread (Volatile) ±0.0264

May Spread (Stable) ±0.0080

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 February and March, when the average rate fell by 0.0120 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.2963) against the same month in 2021 (average: 0.2919), the exchange rate shifted by +0.0044 (+1.51%).

2022 Avg (December) 0.2963

2021 Avg (December) 0.2919

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2933	0.2769	0.2848
February	0.2884	0.2767	0.2803
March	0.2858	0.2594	0.2683
April	0.2739	0.2560	0.2632
May	0.2776	0.2695	0.2733
June	0.2743	0.2656	0.2708
July	0.2820	0.2588	0.2661
August	0.2791	0.2704	0.2749
September	0.2877	0.2739	0.2826
October	0.2960	0.2833	0.2888
November	0.2948	0.2838	0.2902
December	0.3044	0.2899	0.2963