YEARLY HIGH
0.0721 MKD
YEARLY LOW
0.0579 MKD
YEARLY AVERAGE
0.0671 MKD

2022 CLP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CLP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.0721. Conversely, the yearly low was recorded on July 19, dropping to 0.0579.

This high-to-low spread represents a total annual volatility of 0.0142 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0664 to the December average rate of 0.0667, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0721 was down 2.17% compared to the 2021 peak of 0.0737, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 72,106 MKD
2021 Average 68,686 MKD
Yearly Trough Low 57,890 MKD
Transaction Impact: A difference of 14,216.69 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0709
0.0623
JanuMarcMayJulySeptNove

CLP 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 0.0683, compared to 0.0660 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0683
H2 Avg (Jul–Dec) 0.0660

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0090 MKD (High: 0.0669 / Low: 0.0579). On the other end, May was the most stable month, with a tight range of 0.0027 MKD (High: 0.0698 / Low: 0.0672).

July Spread (Volatile) ±0.0090
May Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0044 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0701) against the same month in 2021 (average: 0.0714), the exchange rate shifted by -0.0012 (-1.72%).

2022 Avg (March) 0.0701
2021 Avg (March) 0.0714

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0689 0.0638 0.0664
February 0.0689 0.0648 0.0672
March 0.0721 0.0687 0.0701
April 0.0721 0.0680 0.0697
May 0.0698 0.0672 0.0688
June 0.0708 0.0632 0.0674
July 0.0669 0.0579 0.0630
August 0.0698 0.0642 0.0673
September 0.0706 0.0643 0.0673
October 0.0685 0.0633 0.0657
November 0.0692 0.0631 0.0658
December 0.0684 0.0653 0.0667