2022 EUR to MKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 EUR to MKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the EUR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 63.0822. Conversely, the yearly low was recorded on September 23, dropping to 60.4701.
This high-to-low spread represents a total annual volatility of 2.6120 MKD. From a start-to-finish perspective, comparing the January average rate of 61.6272 to the December average rate of 61.6611, the exchange rate registered a net change of 0.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 63.0822 was up 1.69% compared to the 2021 peak of 62.0349, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
EUR to MKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 61.6018, compared to 61.6012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 2.4780 MKD (High: 63.0822 / Low: 60.6041). On the other end, April was the most stable month, with a tight range of 0.6462 MKD (High: 61.7465 / Low: 61.1003).
Growth Streaks & Declines
TrendsBetween August and November, 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 July and August, when the average rate fell by 0.1397 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 61.6952) against the same month in 2021 (average: 61.6023), the exchange rate shifted by +0.0929 (+0.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 62.0293 | 61.1507 | 61.6272 |
| February | 62.4916 | 61.0552 | 61.6487 |
| March | 62.2777 | 60.9783 | 61.6144 |
| April | 61.7465 | 61.1003 | 61.5569 |
| May | 62.1463 | 61.2532 | 61.6198 |
| June | 62.1759 | 61.0118 | 61.5437 |
| July | 62.2304 | 61.3309 | 61.6134 |
| August | 61.9052 | 60.8399 | 61.4738 |
| September | 62.5616 | 60.4701 | 61.5122 |
| October | 62.3044 | 60.5046 | 61.6518 |
| November | 63.0822 | 60.6041 | 61.6952 |
| December | 62.0803 | 61.3321 | 61.6611 |