2022 MKD to NOK Historical Review

YEARLY HIGH

0.1726 NOK

YEARLY LOW

0.1534 NOK

YEARLY AVERAGE

0.1640 NOK

2022 MKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.1726. Conversely, the yearly low was recorded on March 26, dropping to 0.1534.

This high-to-low spread represents a total annual volatility of 0.0192 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1626 to the December average rate of 0.1697, the exchange rate registered a net change of 4.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1726 was up 0.35% compared to the 2021 peak of 0.1720, 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 863 NOK

2021 Average 825 NOK

Yearly Trough Low 767 NOK

Transaction Impact: A difference of 96.06 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1710

0.1551

JanuMarcMayJulySeptNove

MKD to NOK 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 0.1620, compared to 0.1661 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1620

H2 Avg (Jul–Dec) 0.1661

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0121 NOK (High: 0.1724 / Low: 0.1603). On the other end, January was the most stable month, with a tight range of 0.0050 NOK (High: 0.1648 / Low: 0.1598).

September Spread (Volatile) ±0.0121

January Spread (Stable) ±0.0050

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 February and March, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.1686) against the same month in 2021 (average: 0.1594), the exchange rate shifted by +0.0092 (+5.74%).

2022 Avg (October) 0.1686

2021 Avg (October) 0.1594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1648	0.1598	0.1626
February	0.1655	0.1598	0.1632
March	0.1612	0.1534	0.1578
April	0.1612	0.1537	0.1564
May	0.1680	0.1579	0.1647
June	0.1711	0.1626	0.1675
July	0.1686	0.1599	0.1652
August	0.1630	0.1565	0.1602
September	0.1724	0.1603	0.1653
October	0.1726	0.1661	0.1686
November	0.1716	0.1632	0.1676
December	0.1714	0.1657	0.1697