YEARLY HIGH
0.0335 AWG
YEARLY LOW
0.0282 AWG
YEARLY AVERAGE
0.0308 AWG

2022 MKD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0335. Conversely, the yearly low was recorded on September 27, dropping to 0.0282.

This high-to-low spread represents a total annual volatility of 0.0053 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0331 to the December average rate of 0.0310, the exchange rate registered a net change of -6.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0335 was down 6.92% compared to the 2021 peak of 0.0360, 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 168 AWG
2021 Average 173 AWG
Yearly Trough Low 141 AWG
Transaction Impact: A difference of 26.68 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0336
0.0283
JanuMarcMayJulySeptNove

MKD to AWG 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 0.0320, compared to 0.0297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0320
H2 Avg (Jul–Dec) 0.0297

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0017 AWG (High: 0.0305 / Low: 0.0288). On the other end, December was the most stable month, with a tight range of 0.0006 AWG (High: 0.0312 / Low: 0.0306).

November Spread (Volatile) ±0.0017
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between October and December, 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 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0331) against the same month in 2021 (average: 0.0353), the exchange rate shifted by -0.0022 (-6.23%).

2022 Avg (February) 0.0331
2021 Avg (February) 0.0353

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0335 0.0326 0.0331
February 0.0335 0.0328 0.0331
March 0.0325 0.0317 0.0322
April 0.0323 0.0308 0.0316
May 0.0315 0.0304 0.0309
June 0.0314 0.0305 0.0309
July 0.0305 0.0292 0.0297
August 0.0302 0.0291 0.0296
September 0.0297 0.0282 0.0290
October 0.0293 0.0283 0.0287
November 0.0305 0.0288 0.0299
December 0.0312 0.0306 0.0310