YEARLY HIGH
1.1989 MKD
YEARLY LOW
0.9294 MKD
YEARLY AVERAGE
1.0668 MKD

2022 DOP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DOP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1.1989. Conversely, the yearly low was recorded on January 15, dropping to 0.9294.

This high-to-low spread represents a total annual volatility of 0.2695 MKD. From a start-to-finish perspective, comparing the January average rate of 0.9453 to the December average rate of 1.0516, the exchange rate registered a net change of 11.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.1989 was up 23.18% compared to the 2021 peak of 0.9733, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,995 MKD
2021 Average 4,566 MKD
Yearly Trough Low 4,647 MKD
Transaction Impact: A difference of 1,347.33 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.1887
0.9231
JanuMarcMayJulySeptNove

DOP 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 1.0120, compared to 1.1216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1096 points.

H1 Avg (Jan–Jun) 1.0120
H2 Avg (Jul–Dec) 1.1216

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0796 MKD (High: 1.1627 / Low: 1.0831). On the other end, March was the most stable month, with a tight range of 0.0228 MKD (High: 1.0301 / Low: 1.0073).

November Spread (Volatile) ±0.0796
March Spread (Stable) ±0.0228

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0599 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0599

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 1.1644) against the same month in 2021 (average: 0.9229), the exchange rate shifted by +0.2415 (+26.17%).

2022 Avg (September) 1.1644
2021 Avg (September) 0.9229

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9601 0.9294 0.9453
February 0.9992 0.9321 0.9566
March 1.0301 1.0073 1.0194
April 1.0620 1.0121 1.0336
May 1.0751 1.0383 1.0566
June 1.0780 1.0401 1.0606
July 1.1264 1.0763 1.1078
August 1.1633 1.1022 1.1279
September 1.1989 1.1399 1.1644
October 1.1850 1.1415 1.1666
November 1.1627 1.0831 1.1116
December 1.0767 1.0262 1.0516