YEARLY HIGH
63.9452 MKD
YEARLY LOW
53.7083 MKD
YEARLY AVERAGE
58.5591 MKD

2022 IMP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the IMP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 63.9452. Conversely, the yearly low was recorded on February 6, dropping to 53.7083.

This high-to-low spread represents a total annual volatility of 10.2369 MKD. From a start-to-finish perspective, comparing the January average rate of 54.4362 to the December average rate of 58.1963, the exchange rate registered a net change of 6.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 63.9452 was up 16.25% compared to the 2021 peak of 55.0087, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 319,726 MKD
2021 Average 260,508 MKD
Yearly Trough Low 268,541 MKD
Transaction Impact: A difference of 51,184.36 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

63.5181
53.5264
JanuMarcMayJulySeptNove

IMP 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 56.3716, compared to 60.7466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3750 points.

H1 Avg (Jan–Jun) 56.3716
H2 Avg (Jul–Dec) 60.7466

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 3.4798 MKD (High: 62.6701 / Low: 59.1903). On the other end, February was the most stable month, with a tight range of 1.2080 MKD (High: 54.9163 / Low: 53.7083).

November Spread (Volatile) ±3.4798
February Spread (Stable) ±1.2080

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 October and November, when the average rate fell by 2.3413 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.3413

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 62.0574) against the same month in 2021 (average: 52.2815), the exchange rate shifted by +9.7760 (+18.70%).

2022 Avg (September) 62.0574
2021 Avg (September) 52.2815

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 55.2765 53.7684 54.4362
February 54.9163 53.7083 54.3590
March 56.7700 55.3634 55.9843
April 58.4599 55.7120 56.9322
May 59.2703 57.1668 58.2717
June 59.0029 57.4149 58.2464
July 61.5070 58.9420 60.4333
August 61.9495 59.6019 60.7631
September 63.9452 60.6895 62.0574
October 63.4944 61.5719 62.6854
November 62.6701 59.1903 60.3441
December 58.8961 57.6876 58.1963