YEARLY HIGH
0.0503 XCD
YEARLY LOW
0.0423 XCD
YEARLY AVERAGE
0.0463 XCD

2022 MKD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0503. Conversely, the yearly low was recorded on September 27, dropping to 0.0423.

This high-to-low spread represents a total annual volatility of 0.0081 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0496 to the December average rate of 0.0464, the exchange rate registered a net change of -6.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0503 was down 6.95% compared to the 2021 peak of 0.0541, 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 252 XCD
2021 Average 260 XCD
Yearly Trough Low 211 XCD
Transaction Impact: A difference of 40.28 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0504
0.0425
JanuMarcMayJulySeptNove

MKD to XCD 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 0.0480, compared to 0.0445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.0480
H2 Avg (Jul–Dec) 0.0445

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0025 XCD (High: 0.0457 / Low: 0.0431). On the other end, December was the most stable month, with a tight range of 0.0010 XCD (High: 0.0468 / Low: 0.0459).

November Spread (Volatile) ±0.0025
December Spread (Stable) ±0.0010

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 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0497) against the same month in 2021 (average: 0.0530), the exchange rate shifted by -0.0033 (-6.24%).

2022 Avg (February) 0.0497
2021 Avg (February) 0.0530

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0503 0.0489 0.0496
February 0.0503 0.0492 0.0497
March 0.0488 0.0476 0.0483
April 0.0485 0.0462 0.0475
May 0.0473 0.0456 0.0464
June 0.0471 0.0458 0.0464
July 0.0459 0.0439 0.0447
August 0.0453 0.0436 0.0445
September 0.0445 0.0423 0.0436
October 0.0439 0.0426 0.0431
November 0.0457 0.0431 0.0448
December 0.0468 0.0459 0.0464