2022 MKD to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MKD to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MKD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 17.2742. Conversely, the yearly low was recorded on March 26, dropping to 13.8684.
This high-to-low spread represents a total annual volatility of 3.4058 CLP. From a start-to-finish perspective, comparing the January average rate of 15.0755 to the December average rate of 14.9904, the exchange rate registered a net change of -0.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 17.2742 was up 8.16% compared to the 2021 peak of 15.9707, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MKD to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.6609, compared to 15.1759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5150 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 2.3349 CLP (High: 17.2742 / Low: 14.9393). On the other end, May was the most stable month, with a tight range of 0.5663 CLP (High: 14.8861 / Low: 14.3198).
Growth Streaks & Declines
TrendsBetween March and July, 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 July and August, when the average rate fell by 1.0145 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2022: 15.8876) against the same month in 2021 (average: 14.4463), the exchange rate shifted by +1.4412 (+9.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 15.6854 | 14.5089 | 15.0755 |
| February | 15.4363 | 14.5055 | 14.8774 |
| March | 14.5545 | 13.8684 | 14.2593 |
| April | 14.7061 | 13.8735 | 14.3588 |
| May | 14.8861 | 14.3198 | 14.5411 |
| June | 15.8127 | 14.1203 | 14.8532 |
| July | 17.2742 | 14.9393 | 15.8876 |
| August | 15.5802 | 14.3203 | 14.8731 |
| September | 15.5557 | 14.1649 | 14.8804 |
| October | 15.7937 | 14.6086 | 15.2193 |
| November | 15.8578 | 14.4606 | 15.2046 |
| December | 15.3096 | 14.6270 | 14.9904 |