2022 SRD to MKD Historical Review

YEARLY HIGH

2.8342 MKD

YEARLY LOW

1.8147 MKD

YEARLY AVERAGE

2.4663 MKD

2022 SRD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SRD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 2.8342. Conversely, the yearly low was recorded on December 31, dropping to 1.8147.

This high-to-low spread represents a total annual volatility of 1.0195 MKD. From a start-to-finish perspective, comparing the January average rate of 2.5733 to the December average rate of 1.8371, the exchange rate registered a net change of -28.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.8342 was down 23.71% compared to the 2021 peak of 3.7148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,171 MKD

2021 Average 14,852 MKD

Yearly Trough Low 9,074 MKD

Transaction Impact: A difference of 5,097.34 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.8753

1.7427

JanuMarcMayJulySeptNove

SRD 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 2.6878, compared to 2.2449 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4429 points.

H1 Avg (Jan–Jun) 2.6878

H2 Avg (Jul–Dec) 2.2449

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.2503 MKD (High: 2.4513 / Low: 2.2009). On the other end, December was the most stable month, with a tight range of 0.0509 MKD (High: 1.8656 / Low: 1.8147).

September Spread (Volatile) ±0.2503

December Spread (Stable) ±0.0509

Growth Streaks & Declines

Trends

Between January and May, 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 0.2167 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2022: 2.7809) against the same month in 2021 (average: 3.5832), the exchange rate shifted by -0.8022 (-22.39%).

2022 Avg (May) 2.7809

2021 Avg (May) 3.5832

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6456	2.5240	2.5733
February	2.6845	2.5955	2.6376
March	2.7594	2.6788	2.7171
April	2.8165	2.6880	2.7464
May	2.8342	2.7126	2.7809
June	2.7214	2.6258	2.6713
July	2.7357	2.4877	2.6426
August	2.5571	2.4055	2.4873
September	2.4513	2.2009	2.3000
October	2.3005	2.1247	2.2095
November	2.1199	1.8713	1.9928
December	1.8656	1.8147	1.8371