2022 MKD to SRD Historical Review

YEARLY HIGH

0.5510 SRD

YEARLY LOW

0.3528 SRD

YEARLY AVERAGE

0.4125 SRD

2022 MKD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5510. Conversely, the yearly low was recorded on May 14, dropping to 0.3528.

This high-to-low spread represents a total annual volatility of 0.1982 SRD. From a start-to-finish perspective, comparing the January average rate of 0.3887 to the December average rate of 0.5444, the exchange rate registered a net change of 40.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5510 was up 32.44% compared to the 2021 peak of 0.4161, 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 2,755 SRD

2021 Average 1,743 SRD

Yearly Trough Low 1,764 SRD

Transaction Impact: A difference of 991.06 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5628

0.3412

JanuMarcMayJulySeptNove

MKD to SRD 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 0.3723, compared to 0.4526 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0803 points.

H1 Avg (Jan–Jun) 0.3723

H2 Avg (Jul–Dec) 0.4526

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0627 SRD (High: 0.5344 / Low: 0.4717). On the other end, March was the most stable month, with a tight range of 0.0109 SRD (High: 0.3733 / Low: 0.3624).

November Spread (Volatile) ±0.0627

March Spread (Stable) ±0.0109

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0111 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.5444) against the same month in 2021 (average: 0.3890), the exchange rate shifted by +0.1554 (+39.96%).

2022 Avg (December) 0.5444

2021 Avg (December) 0.3890

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3962	0.3780	0.3887
February	0.3853	0.3725	0.3792
March	0.3733	0.3624	0.3681
April	0.3720	0.3551	0.3642
May	0.3686	0.3528	0.3597
June	0.3808	0.3675	0.3744
July	0.4020	0.3655	0.3788
August	0.4157	0.3911	0.4021
September	0.4544	0.4080	0.4352
October	0.4706	0.4347	0.4528
November	0.5344	0.4717	0.5025
December	0.5510	0.5360	0.5444