2022 BRL to MKD Historical Review

YEARLY HIGH

12.3937 MKD

YEARLY LOW

9.5375 MKD

YEARLY AVERAGE

11.3613 MKD

2022 BRL to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BRL to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 12.3937. Conversely, the yearly low was recorded on January 5, dropping to 9.5375.

This high-to-low spread represents a total annual volatility of 2.8562 MKD. From a start-to-finish perspective, comparing the January average rate of 9.8608 to the December average rate of 11.0931, the exchange rate registered a net change of 12.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.3937 was up 18.07% compared to the 2021 peak of 10.4968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 309,843 MKD

2021 Average 241,581 MKD

Yearly Trough Low 238,437 MKD

Transaction Impact: A difference of 71,405.80 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.2174

9.6466

JanuMarcMayJulySeptNove

BRL 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 11.1511, compared to 11.5715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4204 points.

H1 Avg (Jan–Jun) 11.1511

H2 Avg (Jul–Dec) 11.5715

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.4495 MKD (High: 12.3937 / Low: 10.9442). On the other end, December was the most stable month, with a tight range of 0.3714 MKD (High: 11.2846 / Low: 10.9132).

November Spread (Volatile) ±1.4495

December Spread (Stable) ±0.3714

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.4752 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 11.4397) against the same month in 2021 (average: 9.7229), the exchange rate shifted by +1.7167 (+17.66%).

2022 Avg (November) 11.4397

2021 Avg (November) 9.7229

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4132	9.5375	9.8608
February	10.8790	10.0798	10.4548
March	11.8374	10.7386	11.2686
April	12.2998	11.5826	12.0032
May	12.1652	11.3047	11.7818
June	12.0403	11.1156	11.5374
July	11.6784	10.9497	11.2833
August	12.2547	11.4039	11.8292
September	12.1921	11.6650	11.8689
October	12.2405	11.4325	11.9149
November	12.3937	10.9442	11.4397
December	11.2846	10.9132	11.0931