2022 BAM to MKD Historical Review

YEARLY HIGH

31.9592 MKD

YEARLY LOW

30.9264 MKD

YEARLY AVERAGE

31.5007 MKD

2022 BAM to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BAM to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 31.9592. Conversely, the yearly low was recorded on September 28, dropping to 30.9264.

This high-to-low spread represents a total annual volatility of 1.0328 MKD. From a start-to-finish perspective, comparing the January average rate of 31.5032 to the December average rate of 31.4937, the exchange rate registered a net change of -0.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 31.9592 was up 0.75% compared to the 2021 peak of 31.7211, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,796 MKD

2021 Average 157,498 MKD

Yearly Trough Low 154,632 MKD

Transaction Impact: A difference of 5,164.13 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

31.5595

31.4464

JanuMarcMayJulySeptNove

BAM 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 31.5180, compared to 31.4834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0347 points.

H1 Avg (Jan–Jun) 31.5180

H2 Avg (Jul–Dec) 31.4834

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.7885 MKD (High: 31.7149 / Low: 30.9264). On the other end, January was the most stable month, with a tight range of 0.1999 MKD (High: 31.6170 / Low: 31.4171).

September Spread (Volatile) ±0.7885

January Spread (Stable) ±0.1999

Growth Streaks & Declines

Trends

Between October and December, 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 July and August, when the average rate fell by 0.0600 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0600

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 31.5501) against the same month in 2021 (average: 31.5030), the exchange rate shifted by +0.0471 (+0.15%).

2022 Avg (February) 31.5501

2021 Avg (February) 31.5030

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.6170	31.4171	31.5032
February	31.9592	31.2735	31.5501
March	31.7300	31.2247	31.5306
April	31.6274	31.3358	31.5143
May	31.7575	31.3951	31.5186
June	31.7901	31.2664	31.4913
July	31.9184	31.2852	31.5159
August	31.7156	31.1248	31.4558
September	31.7149	30.9264	31.4861
October	31.8557	31.0740	31.4672
November	31.8528	31.1213	31.4815
December	31.6995	31.2364	31.4937