2022 MKD to SAR Historical Review

YEARLY HIGH

0.0699 SAR

YEARLY LOW

0.0588 SAR

YEARLY AVERAGE

0.0643 SAR

2022 MKD to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0699. Conversely, the yearly low was recorded on September 27, dropping to 0.0588.

This high-to-low spread represents a total annual volatility of 0.0110 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0689 to the December average rate of 0.0646, the exchange rate registered a net change of -6.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0699 was down 6.95% compared to the 2021 peak of 0.0751, 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 349 SAR

2021 Average 360 SAR

Yearly Trough Low 294 SAR

Transaction Impact: A difference of 55.11 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0699

0.0591

JanuMarcMayJulySeptNove

MKD to SAR 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 0.0666, compared to 0.0619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0666

H2 Avg (Jul–Dec) 0.0619

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0035 SAR (High: 0.0635 / Low: 0.0600). On the other end, December was the most stable month, with a tight range of 0.0014 SAR (High: 0.0652 / Low: 0.0638).

November Spread (Volatile) ±0.0035

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 0.0023 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0690) against the same month in 2021 (average: 0.0736), the exchange rate shifted by -0.0046 (-6.21%).

2022 Avg (February) 0.0690

2021 Avg (February) 0.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0698	0.0679	0.0689
February	0.0699	0.0683	0.0690
March	0.0678	0.0661	0.0670
April	0.0673	0.0642	0.0659
May	0.0656	0.0633	0.0644
June	0.0653	0.0636	0.0644
July	0.0637	0.0610	0.0621
August	0.0630	0.0606	0.0618
September	0.0619	0.0588	0.0606
October	0.0610	0.0592	0.0600
November	0.0635	0.0600	0.0623
December	0.0652	0.0638	0.0646