2022 MKD to BZD Historical Review

YEARLY HIGH

0.0375 BZD

YEARLY LOW

0.0315 BZD

YEARLY AVERAGE

0.0345 BZD

2022 MKD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0375. Conversely, the yearly low was recorded on September 27, dropping to 0.0315.

This high-to-low spread represents a total annual volatility of 0.0060 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0370 to the December average rate of 0.0346, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0375 was down 6.85% compared to the 2021 peak of 0.0403, 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 188 BZD

2021 Average 194 BZD

Yearly Trough Low 158 BZD

Transaction Impact: A difference of 30.07 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0376

0.0316

JanuMarcMayJulySeptNove

MKD to BZD 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 0.0358, compared to 0.0332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0358

H2 Avg (Jul–Dec) 0.0332

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0020 BZD (High: 0.0340 / Low: 0.0321). On the other end, December was the most stable month, with a tight range of 0.0007 BZD (High: 0.0350 / Low: 0.0342).

November Spread (Volatile) ±0.0020

December Spread (Stable) ±0.0007

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 0.0013 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0371) against the same month in 2021 (average: 0.0396), the exchange rate shifted by -0.0025 (-6.26%).

2022 Avg (February) 0.0371

2021 Avg (February) 0.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0375	0.0364	0.0370
February	0.0375	0.0366	0.0371
March	0.0364	0.0354	0.0360
April	0.0362	0.0345	0.0355
May	0.0352	0.0340	0.0346
June	0.0351	0.0341	0.0346
July	0.0342	0.0328	0.0333
August	0.0338	0.0325	0.0332
September	0.0332	0.0315	0.0325
October	0.0327	0.0317	0.0321
November	0.0340	0.0321	0.0334
December	0.0350	0.0342	0.0346