2022 MKD to WST Historical Review

YEARLY HIGH

0.0488 WST

YEARLY LOW

0.0429 WST

YEARLY AVERAGE

0.0457 WST

2022 MKD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0488. Conversely, the yearly low was recorded on September 27, dropping to 0.0429.

This high-to-low spread represents a total annual volatility of 0.0059 WST. From a start-to-finish perspective, comparing the January average rate of 0.0478 to the December average rate of 0.0464, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0488 was down 3.18% compared to the 2021 peak of 0.0504, 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 244 WST

2021 Average 244 WST

Yearly Trough Low 214 WST

Transaction Impact: A difference of 29.53 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0486

0.0434

JanuMarcMayJulySeptNove

MKD to WST 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 0.0464, compared to 0.0451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0464

H2 Avg (Jul–Dec) 0.0451

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0026 WST (High: 0.0467 / Low: 0.0441). On the other end, June was the most stable month, with a tight range of 0.0010 WST (High: 0.0458 / Low: 0.0447).

April Spread (Volatile) ±0.0026

June Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and November, 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 February and March, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0482) against the same month in 2021 (average: 0.0493), the exchange rate shifted by -0.0011 (-2.23%).

2022 Avg (February) 0.0482

2021 Avg (February) 0.0493

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0485	0.0470	0.0478
February	0.0488	0.0475	0.0482
March	0.0473	0.0461	0.0467
April	0.0467	0.0441	0.0455
May	0.0457	0.0435	0.0449
June	0.0458	0.0447	0.0453
July	0.0454	0.0442	0.0448
August	0.0454	0.0434	0.0443
September	0.0448	0.0429	0.0438
October	0.0457	0.0436	0.0448
November	0.0472	0.0450	0.0465
December	0.0477	0.0458	0.0464