YEARLY HIGH
0.0962 MKD
YEARLY LOW
0.0922 MKD
YEARLY AVERAGE
0.0939 MKD

2022 XAF to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the XAF to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.0962. Conversely, the yearly low was recorded on September 23, dropping to 0.0922.

This high-to-low spread represents a total annual volatility of 0.0040 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0940 to the December average rate of 0.0940, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0962 was up 1.69% compared to the 2021 peak of 0.0946, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 481 MKD
2021 Average 470 MKD
Yearly Trough Low 461 MKD
Transaction Impact: A difference of 19.91 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0941
0.0937
JanuMarcMayJulySeptNove

XAF 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 0.0939, compared to 0.0939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0939
H2 Avg (Jul–Dec) 0.0939

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0038 MKD (High: 0.0962 / Low: 0.0924). On the other end, April was the most stable month, with a tight range of 0.0010 MKD (High: 0.0941 / Low: 0.0931).

November Spread (Volatile) ±0.0038
April Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.0941) against the same month in 2021 (average: 0.0939), the exchange rate shifted by +0.0001 (+0.15%).

2022 Avg (November) 0.0941
2021 Avg (November) 0.0939

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0946 0.0932 0.0940
February 0.0953 0.0931 0.0940
March 0.0949 0.0930 0.0939
April 0.0941 0.0931 0.0938
May 0.0947 0.0934 0.0939
June 0.0948 0.0930 0.0938
July 0.0949 0.0935 0.0939
August 0.0944 0.0927 0.0937
September 0.0954 0.0922 0.0938
October 0.0950 0.0922 0.0940
November 0.0962 0.0924 0.0941
December 0.0946 0.0935 0.0940