2022 AZN to MKD Historical Review

YEARLY HIGH

37.6148 MKD

YEARLY LOW

31.5931 MKD

YEARLY AVERAGE

34.4467 MKD

2022 AZN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AZN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 37.6148. Conversely, the yearly low was recorded on February 6, dropping to 31.5931.

This high-to-low spread represents a total annual volatility of 6.0217 MKD. From a start-to-finish perspective, comparing the January average rate of 32.0237 to the December average rate of 34.2331, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 37.6148 was up 16.30% compared to the 2021 peak of 32.3428, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 188,074 MKD

2021 Average 153,168 MKD

Yearly Trough Low 157,966 MKD

Transaction Impact: A difference of 30,108.45 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

37.3636

31.4861

JanuMarcMayJulySeptNove

AZN 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 33.1602, compared to 35.7333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5731 points.

H1 Avg (Jan–Jun) 33.1602

H2 Avg (Jul–Dec) 35.7333

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.0469 MKD (High: 36.8647 / Low: 34.8178). On the other end, February was the most stable month, with a tight range of 0.7106 MKD (High: 32.3037 / Low: 31.5931).

November Spread (Volatile) ±2.0469

February Spread (Stable) ±0.7106

Growth Streaks & Declines

Trends

Between 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 1.3773 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.3773

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 36.5044) against the same month in 2021 (average: 30.7393), the exchange rate shifted by +5.7651 (+18.75%).

2022 Avg (September) 36.5044

2021 Avg (September) 30.7393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.5156	31.6285	32.0237
February	32.3037	31.5931	31.9759
March	33.3941	32.5667	32.9319
April	34.3882	32.7718	33.4895
May	34.8649	33.6276	34.2775
June	34.7076	33.7735	34.2626
July	36.1806	34.6718	35.5490
August	36.4409	35.0600	35.7430
September	37.6148	35.6997	36.5044
October	37.3497	36.2188	36.8738
November	36.8647	34.8178	35.4965
December	34.6447	33.9339	34.2331