2022 MKD to CNY Historical Review

YEARLY HIGH

0.1212 CNY

YEARLY LOW

0.1096 CNY

YEARLY AVERAGE

0.1149 CNY

2022 MKD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.1212. Conversely, the yearly low was recorded on July 12, dropping to 0.1096.

This high-to-low spread represents a total annual volatility of 0.0116 CNY. From a start-to-finish perspective, comparing the January average rate of 0.1168 to the December average rate of 0.1198, the exchange rate registered a net change of 2.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1212 was down 6.43% compared to the 2021 peak of 0.1295, 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 606 CNY

2021 Average 620 CNY

Yearly Trough Low 548 CNY

Transaction Impact: A difference of 58.16 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1207

0.1106

JanuMarcMayJulySeptNove

MKD to CNY 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 0.1149, compared to 0.1149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1149

H2 Avg (Jul–Dec) 0.1149

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0065 CNY (High: 0.1212 / Low: 0.1146). On the other end, December was the most stable month, with a tight range of 0.0019 CNY (High: 0.1206 / Low: 0.1187).

November Spread (Volatile) ±0.0065

December Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0035 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 0.1188) against the same month in 2021 (average: 0.1183), the exchange rate shifted by +0.0005 (+0.41%).

2022 Avg (November) 0.1188

2021 Avg (November) 0.1183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1181	0.1151	0.1168
February	0.1184	0.1149	0.1167
March	0.1147	0.1113	0.1133
April	0.1142	0.1116	0.1129
May	0.1174	0.1127	0.1150
June	0.1163	0.1137	0.1150
July	0.1137	0.1096	0.1114
August	0.1132	0.1106	0.1119
September	0.1143	0.1115	0.1129
October	0.1183	0.1125	0.1147
November	0.1212	0.1146	0.1188
December	0.1206	0.1187	0.1198