2022 MKD to SDG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MKD to SDG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MKD to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 9.9091. Conversely, the yearly low was recorded on July 14, dropping to 7.4216.
This high-to-low spread represents a total annual volatility of 2.4875 SDG. From a start-to-finish perspective, comparing the January average rate of 8.0520 to the December average rate of 9.8064, the exchange rate registered a net change of 21.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 9.9091 was down 86.64% compared to the 2021 peak of 74.1435, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MKD to SDG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7.9399, compared to 9.0610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1211 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 2.0194 SDG (High: 9.5551 / Low: 7.5357). On the other end, February was the most stable month, with a tight range of 0.1486 SDG (High: 8.2143 / Low: 8.0656).
Growth Streaks & Declines
TrendsBetween July and September, 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 0.2817 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 9.8064) against the same month in 2021 (average: 8.0299), the exchange rate shifted by +1.7765 (+22.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.1338 | 7.9781 | 8.0520 |
| February | 8.2143 | 8.0656 | 8.1543 |
| March | 8.0830 | 7.8739 | 7.9820 |
| April | 8.0324 | 7.6463 | 7.8591 |
| May | 7.9679 | 7.6315 | 7.7586 |
| June | 7.9335 | 7.7369 | 7.8333 |
| July | 7.7450 | 7.4216 | 7.5517 |
| August | 9.5551 | 7.5357 | 9.1614 |
| September | 9.4909 | 9.0312 | 9.3026 |
| October | 9.3143 | 8.9226 | 9.1097 |
| November | 9.6184 | 9.0713 | 9.4342 |
| December | 9.9091 | 9.6526 | 9.8064 |