2022 NZD to MKD Historical Review

YEARLY HIGH

39.1224 MKD

YEARLY LOW

34.8214 MKD

YEARLY AVERAGE

37.1584 MKD

2022 NZD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NZD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 39.1224. Conversely, the yearly low was recorded on October 7, dropping to 34.8214.

This high-to-low spread represents a total annual volatility of 4.3009 MKD. From a start-to-finish perspective, comparing the January average rate of 36.6881 to the December average rate of 36.9811, the exchange rate registered a net change of 0.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 39.1224 was up 2.47% compared to the 2021 peak of 38.1790, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NZD based on timing:

Yearly Peak High 195,612 MKD

2021 Average 184,159 MKD

Yearly Trough Low 174,107 MKD

Transaction Impact: A difference of 21,504.74 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

38.7657

35.3734

JanuMarcMayJulySeptNove

NZD to MKD 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 37.3706, compared to 36.9463 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4243 points.

H1 Avg (Jan–Jun) 37.3706

H2 Avg (Jul–Dec) 36.9463

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 2.5259 MKD (High: 37.8698 / Low: 35.3439). On the other end, January was the most stable month, with a tight range of 1.1399 MKD (High: 37.2576 / Low: 36.1177).

September Spread (Volatile) ±2.5259

January Spread (Stable) ±1.1399

Growth Streaks & Declines

Trends

Between June and August, 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 1.1960 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1960

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 38.4830) against the same month in 2021 (average: 36.9442), the exchange rate shifted by +1.5388 (+4.17%).

2022 Avg (March) 38.4830

2021 Avg (March) 36.9442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.2576	36.1177	36.6881
February	37.1564	35.5487	36.2840
March	39.1224	37.4981	38.4830
April	39.0730	37.7260	38.4256
May	38.3186	36.6900	37.3304
June	37.7956	36.5163	37.0124
July	38.0209	36.5825	37.5009
August	38.5793	37.4188	38.0030
September	37.8698	35.3439	36.8521
October	36.3346	34.8214	35.6561
November	37.3705	35.8563	36.6846
December	37.7759	36.3263	36.9811