2022 MKD to BWP Historical Review

YEARLY HIGH

0.2242 BWP

YEARLY LOW

0.2025 BWP

YEARLY AVERAGE

0.2112 BWP

2022 MKD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.2242. Conversely, the yearly low was recorded on April 12, dropping to 0.2025.

This high-to-low spread represents a total annual volatility of 0.0217 BWP. From a start-to-finish perspective, comparing the January average rate of 0.2133 to the December average rate of 0.2214, the exchange rate registered a net change of 3.84% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2242 was up 2.14% compared to the 2021 peak of 0.2195, 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 1,121 BWP

2021 Average 1,064 BWP

Yearly Trough Low 1,012 BWP

Transaction Impact: A difference of 108.40 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2230

0.2039

JanuMarcMayJulySeptNove

MKD to BWP 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 0.2091, compared to 0.2132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.2091

H2 Avg (Jul–Dec) 0.2132

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.0082 BWP (High: 0.2189 / Low: 0.2108). On the other end, May was the most stable month, with a tight range of 0.0040 BWP (High: 0.2102 / Low: 0.2061).

October Spread (Volatile) ±0.0082

May Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0053 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.2214) against the same month in 2021 (average: 0.2152), the exchange rate shifted by +0.0063 (+2.91%).

2022 Avg (December) 0.2214

2021 Avg (December) 0.2152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2166	0.2098	0.2133
February	0.2154	0.2106	0.2123
March	0.2121	0.2044	0.2069
April	0.2088	0.2025	0.2055
May	0.2102	0.2061	0.2082
June	0.2108	0.2054	0.2085
July	0.2118	0.2074	0.2090
August	0.2110	0.2062	0.2082
September	0.2135	0.2080	0.2107
October	0.2189	0.2108	0.2134
November	0.2189	0.2134	0.2166
December	0.2242	0.2192	0.2214