2022 MKD to BRL Historical Review

YEARLY HIGH

0.1048 BRL

YEARLY LOW

0.0807 BRL

YEARLY AVERAGE

0.0883 BRL

2022 MKD to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1048. Conversely, the yearly low was recorded on November 4, dropping to 0.0807.

This high-to-low spread represents a total annual volatility of 0.0242 BRL. From a start-to-finish perspective, comparing the January average rate of 0.1015 to the December average rate of 0.0902, the exchange rate registered a net change of -11.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1048 was down 7.20% compared to the 2021 peak of 0.1130, 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 524 BRL

2021 Average 518 BRL

Yearly Trough Low 403 BRL

Transaction Impact: A difference of 120.82 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1033

0.0815

JanuMarcMayJulySeptNove

MKD to BRL 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 0.0902, compared to 0.0865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0902

H2 Avg (Jul–Dec) 0.0865

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0107 BRL (High: 0.0914 / Low: 0.0807). On the other end, December was the most stable month, with a tight range of 0.0030 BRL (High: 0.0916 / Low: 0.0886).

November Spread (Volatile) ±0.0107

December Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0069 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.1015) against the same month in 2021 (average: 0.1058), the exchange rate shifted by -0.0043 (-4.10%).

2022 Avg (January) 0.1015

2021 Avg (January) 0.1058

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1048	0.0960	0.1015
February	0.0992	0.0919	0.0957
March	0.0931	0.0845	0.0888
April	0.0863	0.0813	0.0833
May	0.0885	0.0822	0.0849
June	0.0900	0.0831	0.0867
July	0.0913	0.0856	0.0887
August	0.0877	0.0816	0.0846
September	0.0857	0.0820	0.0843
October	0.0875	0.0817	0.0840
November	0.0914	0.0807	0.0876
December	0.0916	0.0886	0.0902