2022 MKD to ALL Historical Review

YEARLY HIGH

2.0510 ALL

YEARLY LOW

1.8343 ALL

YEARLY AVERAGE

1.9313 ALL

2022 MKD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.0510. Conversely, the yearly low was recorded on December 28, dropping to 1.8343.

This high-to-low spread represents a total annual volatility of 0.2167 ALL. From a start-to-finish perspective, comparing the January average rate of 1.9694 to the December average rate of 1.8671, the exchange rate registered a net change of -5.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.0510 was up 1.54% compared to the 2021 peak of 2.0199, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,255 ALL

2021 Average 9,940 ALL

Yearly Trough Low 9,171 ALL

Transaction Impact: A difference of 1,083.42 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.0093

1.8542

JanuMarcMayJulySeptNove

MKD to ALL 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 1.9668, compared to 1.8959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0709 points.

H1 Avg (Jan–Jun) 1.9668

H2 Avg (Jul–Dec) 1.8959

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0905 ALL (High: 2.0510 / Low: 1.9605). On the other end, May was the most stable month, with a tight range of 0.0241 ALL (High: 1.9699 / Low: 1.9457).

March Spread (Volatile) ±0.0905

May Spread (Stable) ±0.0241

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0395 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 1.9964) against the same month in 2021 (average: 2.0007), the exchange rate shifted by -0.0043 (-0.21%).

2022 Avg (March) 1.9964

2021 Avg (March) 2.0007

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9851	1.9428	1.9694
February	1.9801	1.9549	1.9695
March	2.0510	1.9605	1.9964
April	1.9746	1.9372	1.9627
May	1.9699	1.9457	1.9571
June	1.9600	1.9253	1.9456
July	1.9344	1.8745	1.9061
August	1.9244	1.8852	1.9012
September	1.9144	1.8773	1.8986
October	1.9243	1.8806	1.9002
November	1.9323	1.8815	1.9020
December	1.9128	1.8343	1.8671