YEARLY HIGH
0.1817 SEK
YEARLY LOW
0.1650 SEK
YEARLY AVERAGE
0.1726 SEK

2022 MKD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.1817. Conversely, the yearly low was recorded on January 12, dropping to 0.1650.

This high-to-low spread represents a total annual volatility of 0.0167 SEK. From a start-to-finish perspective, comparing the January average rate of 0.1681 to the December average rate of 0.1786, the exchange rate registered a net change of 6.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1817 was up 7.72% compared to the 2021 peak of 0.1687, 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 908 SEK
2021 Average 824 SEK
Yearly Trough Low 825 SEK
Transaction Impact: A difference of 83.42 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1797
0.1668
JanuMarcMayJulySeptNove

MKD to SEK 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 0.1702, compared to 0.1751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.1702
H2 Avg (Jul–Dec) 0.1751

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0114 SEK (High: 0.1810 / Low: 0.1696). On the other end, April was the most stable month, with a tight range of 0.0036 SEK (High: 0.1700 / Low: 0.1664).

September Spread (Volatile) ±0.0114
April Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.1786) against the same month in 2021 (average: 0.1669), the exchange rate shifted by +0.0117 (+7.01%).

2022 Avg (December) 0.1786
2021 Avg (December) 0.1669

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1712 0.1650 0.1681
February 0.1745 0.1667 0.1712
March 0.1759 0.1661 0.1711
April 0.1700 0.1664 0.1679
May 0.1729 0.1665 0.1704
June 0.1741 0.1683 0.1723
July 0.1752 0.1679 0.1715
August 0.1747 0.1673 0.1711
September 0.1810 0.1696 0.1752
October 0.1806 0.1741 0.1776
November 0.1800 0.1713 0.1766
December 0.1817 0.1749 0.1786