YEARLY HIGH
0.2343 TJS
YEARLY LOW
0.1545 TJS
YEARLY AVERAGE
0.1883 TJS

2022 MKD to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.2343. Conversely, the yearly low was recorded on September 26, dropping to 0.1545.

This high-to-low spread represents a total annual volatility of 0.0798 TJS. From a start-to-finish perspective, comparing the January average rate of 0.2075 to the December average rate of 0.1743, the exchange rate registered a net change of -15.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2343 was up 3.25% compared to the 2021 peak of 0.2269, 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 1,171 TJS
2021 Average 1,091 TJS
Yearly Trough Low 772 TJS
Transaction Impact: A difference of 398.99 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2286
0.1545
JanuMarcMayJulySeptNove

MKD to TJS 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 0.2098, compared to 0.1668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0429 points.

H1 Avg (Jan–Jun) 0.2098
H2 Avg (Jul–Dec) 0.1668

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.0515 TJS (High: 0.2165 / Low: 0.1649). On the other end, February was the most stable month, with a tight range of 0.0052 TJS (High: 0.2103 / Low: 0.2051).

June Spread (Volatile) ±0.0515
February Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0275 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0275

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.2225) against the same month in 2021 (average: 0.2200), the exchange rate shifted by +0.0025 (+1.14%).

2022 Avg (March) 0.2225
2021 Avg (March) 0.2200

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2100 0.2040 0.2075
February 0.2103 0.2051 0.2077
March 0.2343 0.1984 0.2225
April 0.2330 0.2129 0.2203
May 0.2180 0.2107 0.2141
June 0.2165 0.1649 0.1867
July 0.1742 0.1630 0.1688
August 0.1715 0.1646 0.1682
September 0.1678 0.1545 0.1623
October 0.1650 0.1557 0.1607
November 0.1717 0.1600 0.1667
December 0.1766 0.1708 0.1743