2022 MKD to SZL Historical Review

YEARLY HIGH

0.3041 SZL

YEARLY LOW

0.2562 SZL

YEARLY AVERAGE

0.2792 SZL

2022 MKD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3041. Conversely, the yearly low was recorded on April 12, dropping to 0.2562.

This high-to-low spread represents a total annual volatility of 0.0479 SZL. From a start-to-finish perspective, comparing the January average rate of 0.2843 to the December average rate of 0.2966, the exchange rate registered a net change of 4.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3041 was down 0.24% compared to the 2021 peak of 0.3049, 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 1,521 SZL

2021 Average 1,418 SZL

Yearly Trough Low 1,281 SZL

Transaction Impact: A difference of 239.53 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2999

0.2601

JanuMarcMayJulySeptNove

MKD to SZL 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 0.2733, compared to 0.2852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 0.2733

H2 Avg (Jul–Dec) 0.2852

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0182 SZL (High: 0.2745 / Low: 0.2562). On the other end, May was the most stable month, with a tight range of 0.0082 SZL (High: 0.2777 / Low: 0.2695).

April Spread (Volatile) ±0.0182

May Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0120 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.2966) against the same month in 2021 (average: 0.2913), the exchange rate shifted by +0.0053 (+1.81%).

2022 Avg (December) 0.2966

2021 Avg (December) 0.2913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2933	0.2764	0.2843
February	0.2877	0.2760	0.2801
March	0.2779	0.2600	0.2681
April	0.2745	0.2562	0.2634
May	0.2777	0.2695	0.2728
June	0.2772	0.2641	0.2710
July	0.2844	0.2696	0.2778
August	0.2799	0.2706	0.2750
September	0.2877	0.2774	0.2824
October	0.2965	0.2852	0.2892
November	0.2954	0.2845	0.2898
December	0.3041	0.2899	0.2966