2022 MKD to NZD Historical Review

YEARLY HIGH

0.0287 NZD

YEARLY LOW

0.0256 NZD

YEARLY AVERAGE

0.0269 NZD

2022 MKD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 0.0287. Conversely, the yearly low was recorded on March 23, dropping to 0.0256.

This high-to-low spread represents a total annual volatility of 0.0032 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0273 to the December average rate of 0.0270, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0287 was up 2.59% compared to the 2021 peak of 0.0280, 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 144 NZD

2021 Average 136 NZD

Yearly Trough Low 128 NZD

Transaction Impact: A difference of 15.79 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0283

0.0258

JanuMarcMayJulySeptNove

MKD to NZD 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 0.0268, compared to 0.0271 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0268

H2 Avg (Jul–Dec) 0.0271

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0019 NZD (High: 0.0283 / Low: 0.0264). On the other end, August was the most stable month, with a tight range of 0.0008 NZD (High: 0.0267 / Low: 0.0259).

September Spread (Volatile) ±0.0019

August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.0280) against the same month in 2021 (average: 0.0267), the exchange rate shifted by +0.0014 (+5.07%).

2022 Avg (October) 0.0280

2021 Avg (October) 0.0267

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0277	0.0268	0.0273
February	0.0281	0.0269	0.0276
March	0.0267	0.0256	0.0260
April	0.0265	0.0256	0.0260
May	0.0273	0.0261	0.0268
June	0.0274	0.0265	0.0270
July	0.0273	0.0263	0.0267
August	0.0267	0.0259	0.0263
September	0.0283	0.0264	0.0271
October	0.0287	0.0275	0.0280
November	0.0279	0.0268	0.0273
December	0.0275	0.0265	0.0270