2022 TND to MKD Historical Review

YEARLY HIGH

20.0819 MKD

YEARLY LOW

17.9401 MKD

YEARLY AVERAGE

19.0038 MKD

2022 TND to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TND to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 20.0819. Conversely, the yearly low was recorded on December 1, dropping to 17.9401.

This high-to-low spread represents a total annual volatility of 2.1418 MKD. From a start-to-finish perspective, comparing the January average rate of 18.8633 to the December average rate of 18.3562, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 20.0819 was up 4.06% compared to the 2021 peak of 19.2985, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 100,410 MKD

2021 Average 93,766 MKD

Yearly Trough Low 89,700 MKD

Transaction Impact: A difference of 10,709.11 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

19.5590

18.2469

JanuMarcMayJulySeptNove

TND 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 18.9602, compared to 19.0474 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0872 points.

H1 Avg (Jan–Jun) 18.9602

H2 Avg (Jul–Dec) 19.0474

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.2789 MKD (High: 19.4271 / Low: 18.1482). On the other end, June was the most stable month, with a tight range of 0.3401 MKD (High: 19.1745 / Low: 18.8343).

November Spread (Volatile) ±1.2789

June Spread (Stable) ±0.3401

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.5067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 19.2417) against the same month in 2021 (average: 18.7109), the exchange rate shifted by +0.5308 (+2.84%).

2022 Avg (September) 19.2417

2021 Avg (September) 18.7109

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.0477	18.6372	18.8633
February	19.0946	18.7169	18.8777
March	19.2050	18.7895	18.9932
April	19.1219	18.7744	18.9788
May	19.3110	18.8421	19.0462
June	19.1745	18.8343	19.0021
July	19.9032	18.9877	19.4497
August	19.4474	19.0656	19.2138
September	20.0819	18.9238	19.2417
October	19.4468	18.9871	19.2648
November	19.4271	18.1482	18.7581
December	18.5739	17.9401	18.3562