2022 MKD to NIO Historical Review

YEARLY HIGH

0.6677 NIO

YEARLY LOW

0.5624 NIO

YEARLY AVERAGE

0.6137 NIO

2022 MKD to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.6677. Conversely, the yearly low was recorded on September 27, dropping to 0.5624.

This high-to-low spread represents a total annual volatility of 0.1054 NIO. From a start-to-finish perspective, comparing the January average rate of 0.6509 to the December average rate of 0.6265, the exchange rate registered a net change of -3.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6677 was down 4.61% compared to the 2021 peak of 0.7000, 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 3,339 NIO

2021 Average 3,370 NIO

Yearly Trough Low 2,812 NIO

Transaction Impact: A difference of 526.87 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6603

0.5666

JanuMarcMayJulySeptNove

MKD to NIO 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 0.6338, compared to 0.5936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0402 points.

H1 Avg (Jan–Jun) 0.6338

H2 Avg (Jul–Dec) 0.5936

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0436 NIO (High: 0.6159 / Low: 0.5723). On the other end, December was the most stable month, with a tight range of 0.0153 NIO (High: 0.6333 / Low: 0.6180).

November Spread (Volatile) ±0.0436

December Spread (Stable) ±0.0153

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 June and July, when the average rate fell by 0.0227 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.6404) against the same month in 2021 (average: 0.6758), the exchange rate shifted by -0.0355 (-5.25%).

2022 Avg (March) 0.6404

2021 Avg (March) 0.6758

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6586	0.6407	0.6509
February	0.6615	0.6436	0.6525
March	0.6677	0.6329	0.6404
April	0.6429	0.6120	0.6290
May	0.6269	0.6035	0.6144
June	0.6248	0.6072	0.6158
July	0.6082	0.5830	0.5931
August	0.6063	0.5801	0.5921
September	0.5915	0.5624	0.5790
October	0.5887	0.5663	0.5744
November	0.6159	0.5723	0.5966
December	0.6333	0.6180	0.6265