YEARLY HIGH
0.0557 TND
YEARLY LOW
0.0498 TND
YEARLY AVERAGE
0.0526 TND

2022 MKD to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 0.0557. Conversely, the yearly low was recorded on September 21, dropping to 0.0498.

This high-to-low spread represents a total annual volatility of 0.0059 TND. From a start-to-finish perspective, comparing the January average rate of 0.0530 to the December average rate of 0.0545, the exchange rate registered a net change of 2.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0557 was up 2.89% compared to the 2021 peak of 0.0542, 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 279 TND
2021 Average 267 TND
Yearly Trough Low 249 TND
Transaction Impact: A difference of 29.73 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0548
0.0511
JanuMarcMayJulySeptNove

MKD to TND 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 0.0527, compared to 0.0525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0527
H2 Avg (Jul–Dec) 0.0525

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0036 TND (High: 0.0551 / Low: 0.0515). On the other end, June was the most stable month, with a tight range of 0.0009 TND (High: 0.0531 / Low: 0.0522).

November Spread (Volatile) ±0.0036
June Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between October and December, 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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0545) against the same month in 2021 (average: 0.0528), the exchange rate shifted by +0.0017 (+3.19%).

2022 Avg (December) 0.0545
2021 Avg (December) 0.0528

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0537 0.0525 0.0530
February 0.0534 0.0524 0.0530
March 0.0532 0.0521 0.0527
April 0.0533 0.0523 0.0527
May 0.0531 0.0518 0.0525
June 0.0531 0.0522 0.0526
July 0.0527 0.0502 0.0514
August 0.0525 0.0514 0.0520
September 0.0528 0.0498 0.0520
October 0.0527 0.0514 0.0519
November 0.0551 0.0515 0.0533
December 0.0557 0.0538 0.0545