2022 MKD to BAM Historical Review

YEARLY HIGH

0.0323 BAM

YEARLY LOW

0.0313 BAM

YEARLY AVERAGE

0.0317 BAM

2022 MKD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 0.0323. Conversely, the yearly low was recorded on February 5, dropping to 0.0313.

This high-to-low spread represents a total annual volatility of 0.0010 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0317 to the December average rate of 0.0318, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0323 was up 1.02% compared to the 2021 peak of 0.0320, 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 162 BAM

2021 Average 159 BAM

Yearly Trough Low 156 BAM

Transaction Impact: A difference of 5.22 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0318

0.0317

JanuMarcMayJulySeptNove

MKD to BAM 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 0.0317, compared to 0.0318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0317

H2 Avg (Jul–Dec) 0.0318

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0008 BAM (High: 0.0323 / Low: 0.0315). On the other end, January was the most stable month, with a tight range of 0.0002 BAM (High: 0.0318 / Low: 0.0316).

September Spread (Volatile) ±0.0008

January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between February and April, 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 January and February, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0318) against the same month in 2021 (average: 0.0318), the exchange rate shifted by +0.0000 (+0.01%).

2022 Avg (September) 0.0318

2021 Avg (September) 0.0318

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0318	0.0316	0.0317
February	0.0320	0.0313	0.0317
March	0.0320	0.0315	0.0317
April	0.0319	0.0316	0.0317
May	0.0319	0.0315	0.0317
June	0.0320	0.0315	0.0318
July	0.0320	0.0313	0.0317
August	0.0321	0.0315	0.0318
September	0.0323	0.0315	0.0318
October	0.0322	0.0314	0.0318
November	0.0321	0.0314	0.0318
December	0.0320	0.0315	0.0318