2022 MKD to QAR Historical Review

YEARLY HIGH

0.0678 QAR

YEARLY LOW

0.0569 QAR

YEARLY AVERAGE

0.0624 QAR

2022 MKD to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0678. Conversely, the yearly low was recorded on September 27, dropping to 0.0569.

This high-to-low spread represents a total annual volatility of 0.0109 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0669 to the December average rate of 0.0626, the exchange rate registered a net change of -6.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0678 was down 6.94% compared to the 2021 peak of 0.0729, 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 339 QAR

2021 Average 350 QAR

Yearly Trough Low 285 QAR

Transaction Impact: A difference of 54.28 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0679

0.0572

JanuMarcMayJulySeptNove

MKD to QAR 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 0.0647, compared to 0.0600 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0046 points.

H1 Avg (Jan–Jun) 0.0647

H2 Avg (Jul–Dec) 0.0600

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0038 QAR (High: 0.0619 / Low: 0.0581). On the other end, December was the most stable month, with a tight range of 0.0014 QAR (High: 0.0632 / Low: 0.0618).

November Spread (Volatile) ±0.0038

December Spread (Stable) ±0.0014

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 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0670) against the same month in 2021 (average: 0.0714), the exchange rate shifted by -0.0044 (-6.22%).

2022 Avg (February) 0.0670

2021 Avg (February) 0.0714

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0677	0.0659	0.0669
February	0.0678	0.0663	0.0670
March	0.0658	0.0641	0.0650
April	0.0654	0.0623	0.0640
May	0.0640	0.0614	0.0625
June	0.0634	0.0619	0.0626
July	0.0621	0.0597	0.0605
August	0.0611	0.0588	0.0599
September	0.0600	0.0569	0.0587
October	0.0591	0.0573	0.0581
November	0.0619	0.0581	0.0604
December	0.0632	0.0618	0.0626