2022 MKD to XOF Historical Review

YEARLY HIGH

10.8476 XOF

YEARLY LOW

10.3985 XOF

YEARLY AVERAGE

10.6486 XOF

2022 MKD to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 10.8476. Conversely, the yearly low was recorded on November 10, dropping to 10.3985.

This high-to-low spread represents a total annual volatility of 0.4492 XOF. From a start-to-finish perspective, comparing the January average rate of 10.6441 to the December average rate of 10.6382, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 10.8476 was up 0.89% compared to the 2021 peak of 10.7520, 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 54,238 XOF

2021 Average 53,243 XOF

Yearly Trough Low 51,992 XOF

Transaction Impact: A difference of 2,245.85 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.6744

10.6291

JanuMarcMayJulySeptNove

MKD to XOF 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 10.6485, compared to 10.6488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 10.6485

H2 Avg (Jul–Dec) 10.6488

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.4252 XOF (High: 10.8236 / Low: 10.3985). On the other end, April was the most stable month, with a tight range of 0.1124 XOF (High: 10.7357 / Low: 10.6234).

November Spread (Volatile) ±0.4252

April Spread (Stable) ±0.1124

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.0244 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 10.6645) against the same month in 2021 (average: 10.6589), the exchange rate shifted by +0.0056 (+0.05%).

2022 Avg (September) 10.6645

2021 Avg (September) 10.6589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.7269	10.5750	10.6441
February	10.7437	10.4967	10.6405
March	10.7572	10.5328	10.6463
April	10.7357	10.6234	10.6562
May	10.7089	10.5550	10.6453
June	10.7513	10.5500	10.6585
July	10.6954	10.5408	10.6464
August	10.7817	10.5962	10.6707
September	10.8476	10.4850	10.6645
October	10.8414	10.5283	10.6401
November	10.8236	10.3985	10.6329
December	10.6952	10.5663	10.6382