YEARLY HIGH
0.1508 SBD
YEARLY LOW
0.1277 SBD
YEARLY AVERAGE
0.1392 SBD

2022 MKD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.1508. Conversely, the yearly low was recorded on September 27, dropping to 0.1277.

This high-to-low spread represents a total annual volatility of 0.0232 SBD. From a start-to-finish perspective, comparing the January average rate of 0.1484 to the December average rate of 0.1413, the exchange rate registered a net change of -4.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1508 was down 6.17% compared to the 2021 peak of 0.1607, 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 754 SBD
2021 Average 770 SBD
Yearly Trough Low 638 SBD
Transaction Impact: A difference of 115.81 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1507
0.1285
JanuMarcMayJulySeptNove

MKD to SBD 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 0.1434, compared to 0.1351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.1434
H2 Avg (Jul–Dec) 0.1351

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0077 SBD (High: 0.1390 / Low: 0.1313). On the other end, December was the most stable month, with a tight range of 0.0037 SBD (High: 0.1434 / Low: 0.1397).

November Spread (Volatile) ±0.0077
December Spread (Stable) ±0.0037

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 February and March, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.1488) against the same month in 2021 (average: 0.1570), the exchange rate shifted by -0.0082 (-5.25%).

2022 Avg (February) 0.1488
2021 Avg (February) 0.1570

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1503 0.1460 0.1484
February 0.1508 0.1471 0.1488
March 0.1458 0.1418 0.1437
April 0.1440 0.1373 0.1408
May 0.1422 0.1369 0.1391
June 0.1414 0.1374 0.1396
July 0.1384 0.1324 0.1350
August 0.1383 0.1327 0.1355
September 0.1350 0.1277 0.1319
October 0.1332 0.1284 0.1303
November 0.1390 0.1313 0.1364
December 0.1434 0.1397 0.1413