2022 LBP to MKD Historical Review

YEARLY HIGH

0.0422 MKD

YEARLY LOW

0.0354 MKD

YEARLY AVERAGE

0.0386 MKD

2022 LBP to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the LBP to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0422. Conversely, the yearly low was recorded on February 6, dropping to 0.0354.

This high-to-low spread represents a total annual volatility of 0.0067 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0360 to the December average rate of 0.0383, the exchange rate registered a net change of 6.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0422 was up 15.98% compared to the 2021 peak of 0.0364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 211 MKD

2021 Average 171 MKD

Yearly Trough Low 177 MKD

Transaction Impact: A difference of 33.64 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0418

0.0354

JanuMarcMayJulySeptNove

LBP 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 0.0372, compared to 0.0401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0372

H2 Avg (Jul–Dec) 0.0401

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0026 MKD (High: 0.0416 / Low: 0.0390). On the other end, December was the most stable month, with a tight range of 0.0009 MKD (High: 0.0387 / Low: 0.0378).

November Spread (Volatile) ±0.0026

December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0015 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0410) against the same month in 2021 (average: 0.0344), the exchange rate shifted by +0.0066 (+19.25%).

2022 Avg (September) 0.0410

2021 Avg (September) 0.0344

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0366	0.0356	0.0360
February	0.0364	0.0354	0.0359
March	0.0376	0.0365	0.0370
April	0.0386	0.0368	0.0375
May	0.0391	0.0377	0.0384
June	0.0390	0.0378	0.0384
July	0.0407	0.0390	0.0400
August	0.0408	0.0393	0.0400
September	0.0422	0.0401	0.0410
October	0.0419	0.0404	0.0413
November	0.0416	0.0390	0.0398
December	0.0387	0.0378	0.0383