2022 SAR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SAR to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SAR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 16.9990. Conversely, the yearly low was recorded on February 6, dropping to 14.3164.
This high-to-low spread represents a total annual volatility of 2.6826 MKD. From a start-to-finish perspective, comparing the January average rate of 14.5057 to the December average rate of 15.4775, the exchange rate registered a net change of 6.70% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 16.9990 was up 15.92% compared to the 2021 peak of 14.6642, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
SAR to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 15.0257, compared to 16.1647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1390 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 0.9315 MKD (High: 16.6760 / Low: 15.7446). On the other end, February was the most stable month, with a tight range of 0.3215 MKD (High: 14.6379 / Low: 14.3164).
Growth Streaks & Declines
TrendsBetween June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6237 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 16.5073) against the same month in 2021 (average: 13.9397), the exchange rate shifted by +2.5675 (+18.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.7325 | 14.3301 | 14.5057 |
| February | 14.6379 | 14.3164 | 14.4884 |
| March | 15.1299 | 14.7570 | 14.9216 |
| April | 15.5860 | 14.8527 | 15.1787 |
| May | 15.8018 | 15.2419 | 15.5345 |
| June | 15.7283 | 15.3079 | 15.5255 |
| July | 16.3848 | 15.7057 | 16.0940 |
| August | 16.4948 | 15.8677 | 16.1753 |
| September | 16.9990 | 16.1507 | 16.5073 |
| October | 16.8928 | 16.3821 | 16.6790 |
| November | 16.6760 | 15.7446 | 16.0553 |
| December | 15.6685 | 15.3434 | 15.4775 |