YEARLY HIGH
0.0237 CAD
YEARLY LOW
0.0210 CAD
YEARLY AVERAGE
0.0223 CAD

2022 MKD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.0237. Conversely, the yearly low was recorded on August 25, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0028 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0232 to the December average rate of 0.0234, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0237 was down 6.61% compared to the 2021 peak of 0.0254, 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 119 CAD
2021 Average 120 CAD
Yearly Trough Low 105 CAD
Transaction Impact: A difference of 13.91 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0236
0.0211
JanuMarcMayJulySeptNove

MKD to CAD 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 0.0226, compared to 0.0219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0226
H2 Avg (Jul–Dec) 0.0219

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0013 CAD (High: 0.0228 / Low: 0.0215). On the other end, June was the most stable month, with a tight range of 0.0005 CAD (High: 0.0223 / Low: 0.0218).

November Spread (Volatile) ±0.0013
June Spread (Stable) ±0.0005

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 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.0234) against the same month in 2021 (average: 0.0249), the exchange rate shifted by -0.0015 (-6.02%).

2022 Avg (February) 0.0234
2021 Avg (February) 0.0249

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0235 0.0230 0.0232
February 0.0237 0.0231 0.0234
March 0.0230 0.0223 0.0226
April 0.0225 0.0219 0.0222
May 0.0223 0.0218 0.0220
June 0.0223 0.0218 0.0220
July 0.0219 0.0212 0.0214
August 0.0215 0.0210 0.0213
September 0.0219 0.0212 0.0215
October 0.0221 0.0216 0.0219
November 0.0228 0.0215 0.0223
December 0.0237 0.0229 0.0234