YEARLY HIGH
0.1030 MKD
YEARLY LOW
0.0834 MKD
YEARLY AVERAGE
0.0909 MKD

2022 CRC to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CRC to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 0.1030. Conversely, the yearly low was recorded on February 6, dropping to 0.0834.

This high-to-low spread represents a total annual volatility of 0.0195 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0852 to the December average rate of 0.0987, the exchange rate registered a net change of 15.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1030 was up 18.52% compared to the 2021 peak of 0.0869, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 515 MKD
2021 Average 419 MKD
Yearly Trough Low 417 MKD
Transaction Impact: A difference of 97.70 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1021
0.0832
JanuMarcMayJulySeptNove

CRC 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 0.0858, compared to 0.0960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.0858
H2 Avg (Jul–Dec) 0.0960

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0087 MKD (High: 0.0979 / Low: 0.0891). On the other end, January was the most stable month, with a tight range of 0.0020 MKD (High: 0.0864 / Low: 0.0844).

August Spread (Volatile) ±0.0087
January Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0021 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.1005) against the same month in 2021 (average: 0.0846), the exchange rate shifted by +0.0159 (+18.84%).

2022 Avg (October) 0.1005
2021 Avg (October) 0.0846

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0864 0.0844 0.0852
February 0.0859 0.0834 0.0848
March 0.0882 0.0845 0.0865
April 0.0884 0.0846 0.0866
May 0.0886 0.0847 0.0871
June 0.0864 0.0840 0.0849
July 0.0904 0.0860 0.0888
August 0.0979 0.0891 0.0924
September 0.1011 0.0940 0.0970
October 0.1030 0.0979 0.1005
November 0.1012 0.0968 0.0988
December 0.1003 0.0971 0.0987