2022 CAD to MKD Historical Review

YEARLY HIGH

47.7319 MKD

YEARLY LOW

42.1361 MKD

YEARLY AVERAGE

44.9815 MKD

2022 CAD to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CAD to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 47.7319. Conversely, the yearly low was recorded on February 6, dropping to 42.1361.

This high-to-low spread represents a total annual volatility of 5.5958 MKD. From a start-to-finish perspective, comparing the January average rate of 43.1066 to the December average rate of 42.7750, the exchange rate registered a net change of -0.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 47.7319 was up 9.87% compared to the 2021 peak of 43.4431, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 238,659 MKD

2021 Average 207,804 MKD

Yearly Trough Low 210,680 MKD

Transaction Impact: A difference of 27,979.13 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

47.4304

42.2856

JanuMarcMayJulySeptNove

CAD 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 44.3251, compared to 45.6379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3128 points.

H1 Avg (Jan–Jun) 44.3251

H2 Avg (Jul–Dec) 45.6379

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.5803 MKD (High: 46.4860 / Low: 43.9057). On the other end, January was the most stable month, with a tight range of 0.9887 MKD (High: 43.5726 / Low: 42.5839).

November Spread (Volatile) ±2.5803

January Spread (Stable) ±0.9887

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.1690 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -2.1690

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2022: 47.0017) against the same month in 2021 (average: 41.5508), the exchange rate shifted by +5.4509 (+13.12%).

2022 Avg (August) 47.0017

2021 Avg (August) 41.5508

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	43.5726	42.5839	43.1066
February	43.3521	42.1361	42.7143
March	44.9245	43.5019	44.2609
April	45.6563	44.4885	45.0590
May	45.9471	44.7655	45.3662
June	45.9181	44.8805	45.4437
July	47.2491	45.7279	46.7502
August	47.7319	46.5776	47.0017
September	47.2495	45.6501	46.6170
October	46.3080	45.2103	45.7397
November	46.4860	43.9057	44.9439
December	43.7274	42.2212	42.7750