YEARLY HIGH
0.0072 OMR
YEARLY LOW
0.0060 OMR
YEARLY AVERAGE
0.0066 OMR

2022 MKD to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0072. Conversely, the yearly low was recorded on September 27, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0011 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0071 to the December average rate of 0.0066, the exchange rate registered a net change of -6.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0072 was down 6.97% compared to the 2021 peak of 0.0077, 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 36 OMR
2021 Average 37 OMR
Yearly Trough Low 30 OMR
Transaction Impact: A difference of 5.73 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0072
0.0060
JanuMarcMayJulySeptNove

MKD to OMR 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 0.0068, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0068
H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0004 OMR (High: 0.0065 / Low: 0.0061). On the other end, December was the most stable month, with a tight range of 0.0001 OMR (High: 0.0067 / Low: 0.0065).

November Spread (Volatile) ±0.0004
December Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0071) against the same month in 2021 (average: 0.0076), the exchange rate shifted by -0.0005 (-6.24%).

2022 Avg (February) 0.0071
2021 Avg (February) 0.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0072 0.0070 0.0071
February 0.0072 0.0070 0.0071
March 0.0070 0.0068 0.0069
April 0.0069 0.0066 0.0068
May 0.0067 0.0065 0.0066
June 0.0067 0.0065 0.0066
July 0.0065 0.0063 0.0064
August 0.0065 0.0062 0.0063
September 0.0063 0.0060 0.0062
October 0.0063 0.0061 0.0061
November 0.0065 0.0061 0.0064
December 0.0067 0.0065 0.0066