YEARLY HIGH
0.7920 MKD
YEARLY LOW
0.5429 MKD
YEARLY AVERAGE
0.6981 MKD

2022 KGS to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the KGS to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.7920. Conversely, the yearly low was recorded on March 22, dropping to 0.5429.

This high-to-low spread represents a total annual volatility of 0.2492 MKD. From a start-to-finish perspective, comparing the January average rate of 0.6420 to the December average rate of 0.6835, the exchange rate registered a net change of 6.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.7920 was up 22.08% compared to the 2021 peak of 0.6488, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,960 MKD
2021 Average 3,080 MKD
Yearly Trough Low 2,714 MKD
Transaction Impact: A difference of 1,245.91 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7854
0.5508
JanuMarcMayJulySeptNove

KGS 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 0.6587, compared to 0.7374 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0787 points.

H1 Avg (Jan–Jun) 0.6587
H2 Avg (Jul–Dec) 0.7374

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.0999 MKD (High: 0.6953 / Low: 0.5954). On the other end, January was the most stable month, with a tight range of 0.0178 MKD (High: 0.6519 / Low: 0.6341).

April Spread (Volatile) ±0.0999
January Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between March and July, 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 February and March, when the average rate fell by 0.0658 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.7649) against the same month in 2021 (average: 0.6168), the exchange rate shifted by +0.1482 (+24.02%).

2022 Avg (September) 0.7649
2021 Avg (September) 0.6168

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6519 0.6341 0.6420
February 0.6449 0.5795 0.6361
March 0.5980 0.5429 0.5703
April 0.6953 0.5954 0.6562
May 0.7307 0.6997 0.7158
June 0.7422 0.7052 0.7320
July 0.7639 0.7320 0.7493
August 0.7662 0.7213 0.7424
September 0.7920 0.7410 0.7649
October 0.7871 0.7439 0.7658
November 0.7494 0.7009 0.7185
December 0.6974 0.6737 0.6835