YEARLY HIGH
0.0153 MKD
YEARLY LOW
0.0118 MKD
YEARLY AVERAGE
0.0138 MKD

2022 COP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the COP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 16, valuing the pair at 0.0153. Conversely, the yearly low was recorded on November 20, dropping to 0.0118.

This high-to-low spread represents a total annual volatility of 0.0035 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0136 to the December average rate of 0.0122, the exchange rate registered a net change of -10.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0153 was up 3.86% compared to the 2021 peak of 0.0148, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,654 MKD
2021 Average 69,635 MKD
Yearly Trough Low 59,195 MKD
Transaction Impact: A difference of 17,459.01 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0153
0.0119
JanuMarcMayJulySeptNove

COP 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 0.0144, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0144
H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0015 MKD (High: 0.0140 / Low: 0.0125). On the other end, December was the most stable month, with a tight range of 0.0004 MKD (High: 0.0124 / Low: 0.0120).

October Spread (Volatile) ±0.0015
December Spread (Stable) ±0.0004

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 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 0.0148) against the same month in 2021 (average: 0.0138), the exchange rate shifted by +0.0010 (+7.11%).

2022 Avg (June) 0.0148
2021 Avg (June) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0140 0.0133 0.0136
February 0.0141 0.0135 0.0138
March 0.0149 0.0140 0.0147
April 0.0153 0.0146 0.0150
May 0.0152 0.0142 0.0145
June 0.0153 0.0141 0.0148
July 0.0142 0.0132 0.0138
August 0.0146 0.0138 0.0140
September 0.0145 0.0136 0.0140
October 0.0140 0.0125 0.0133
November 0.0130 0.0118 0.0123
December 0.0124 0.0120 0.0122