YEARLY HIGH
1.9734 XPF
YEARLY LOW
1.8917 XPF
YEARLY AVERAGE
1.9372 XPF

2022 MKD to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 1.9734. Conversely, the yearly low was recorded on November 10, dropping to 1.8917.

This high-to-low spread represents a total annual volatility of 0.0817 XPF. From a start-to-finish perspective, comparing the January average rate of 1.9364 to the December average rate of 1.9353, 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 1.9734 was up 0.89% compared to the 2021 peak of 1.9560, 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 9,867 XPF
2021 Average 9,686 XPF
Yearly Trough Low 9,458 XPF
Transaction Impact: A difference of 408.57 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.9419
1.9336
JanuMarcMayJulySeptNove

MKD to XPF 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 1.9372, compared to 1.9372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 1.9372
H2 Avg (Jul–Dec) 1.9372

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0773 XPF (High: 1.9690 / Low: 1.8917). On the other end, April was the most stable month, with a tight range of 0.0204 XPF (High: 1.9530 / Low: 1.9326).

November Spread (Volatile) ±0.0773
April Spread (Stable) ±0.0204

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 0.0044 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 1.9401) against the same month in 2021 (average: 1.9391), the exchange rate shifted by +0.0010 (+0.05%).

2022 Avg (September) 1.9401
2021 Avg (September) 1.9391

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9514 1.9238 1.9364
February 1.9545 1.9096 1.9357
March 1.9570 1.9161 1.9368
April 1.9530 1.9326 1.9386
May 1.9482 1.9202 1.9366
June 1.9559 1.9193 1.9390
July 1.9457 1.9176 1.9368
August 1.9614 1.9277 1.9412
September 1.9734 1.9074 1.9401
October 1.9723 1.9153 1.9357
November 1.9690 1.8917 1.9343
December 1.9457 1.9222 1.9353