YEARLY HIGH
0.0133 XDR
YEARLY LOW
0.0111 XDR
YEARLY AVERAGE
0.0125 XDR

2022 MKD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0133. Conversely, the yearly low was recorded on September 27, dropping to 0.0111.

This high-to-low spread represents a total annual volatility of 0.0021 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0131 to the December average rate of 0.0129, the exchange rate registered a net change of -1.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0133 was down 4.04% compared to the 2021 peak of 0.0138, 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 66 XDR
2021 Average 67 XDR
Yearly Trough Low 56 XDR
Transaction Impact: A difference of 10.75 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0133
0.0115
JanuMarcMayJulySeptNove

MKD to XDR 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 0.0128, compared to 0.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0128
H2 Avg (Jul–Dec) 0.0122

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0015 XDR (High: 0.0129 / Low: 0.0114). On the other end, December was the most stable month, with a tight range of 0.0002 XDR (High: 0.0131 / Low: 0.0128).

November Spread (Volatile) ±0.0015
December Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0131) against the same month in 2021 (average: 0.0136), the exchange rate shifted by -0.0005 (-3.76%).

2022 Avg (February) 0.0131
2021 Avg (February) 0.0136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0133 0.0129 0.0131
February 0.0133 0.0130 0.0131
March 0.0130 0.0127 0.0128
April 0.0129 0.0124 0.0127
May 0.0127 0.0123 0.0125
June 0.0127 0.0124 0.0125
July 0.0124 0.0120 0.0122
August 0.0123 0.0119 0.0121
September 0.0124 0.0111 0.0118
October 0.0125 0.0112 0.0117
November 0.0129 0.0114 0.0123
December 0.0131 0.0128 0.0129