2022 MKD to BIF Historical Review

YEARLY HIGH

37.3547 BIF

YEARLY LOW

32.1913 BIF

YEARLY AVERAGE

34.9329 BIF

2022 MKD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 37.3547. Conversely, the yearly low was recorded on September 27, dropping to 32.1913.

This high-to-low spread represents a total annual volatility of 5.1634 BIF. From a start-to-finish perspective, comparing the January average rate of 36.7825 to the December average rate of 35.5212, the exchange rate registered a net change of -3.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 37.3547 was down 4.93% compared to the 2021 peak of 39.2913, 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 186,773 BIF

2021 Average 189,561 BIF

Yearly Trough Low 160,956 BIF

Transaction Impact: A difference of 25,817.01 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

37.3402

32.4312

JanuMarcMayJulySeptNove

MKD to BIF 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 35.9501, compared to 33.9157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0345 points.

H1 Avg (Jan–Jun) 35.9501

H2 Avg (Jul–Dec) 33.9157

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 2.3420 BIF (High: 36.8541 / Low: 34.5121). On the other end, December was the most stable month, with a tight range of 0.9332 BIF (High: 35.8592 / Low: 34.9259).

April Spread (Volatile) ±2.3420

December Spread (Stable) ±0.9332

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 1.1733 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1733

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 36.7825) against the same month in 2021 (average: 38.4438), the exchange rate shifted by -1.6613 (-4.32%).

2022 Avg (January) 36.7825

2021 Avg (January) 38.4438

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	37.3547	35.8212	36.7825
February	37.3354	36.3949	36.9311
March	36.7495	35.5074	36.1629
April	36.8541	34.5121	35.7172
May	35.9445	34.2246	34.9098
June	35.8355	34.6832	35.1973
July	34.9104	33.4739	34.0240
August	34.4441	33.1065	33.8396
September	33.8394	32.1913	33.1211
October	33.4724	32.3528	32.8403
November	34.9558	32.7270	34.1479
December	35.8592	34.9259	35.5212