2022 MKD to COP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MKD to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MKD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 84.4670. Conversely, the yearly low was recorded on June 16, dropping to 65.2284.
This high-to-low spread represents a total annual volatility of 19.2386 COP. From a start-to-finish perspective, comparing the January average rate of 73.4959 to the December average rate of 82.2996, the exchange rate registered a net change of 11.98% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 84.4670 was up 11.03% compared to the 2021 peak of 76.0769, 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 COP 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 69.5395, compared to 75.6903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1508 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 8.8200 COP (High: 80.2550 / Low: 71.4350). On the other end, February was the most stable month, with a tight range of 2.7049 COP (High: 73.8225 / Low: 71.1175).
Growth Streaks & Declines
TrendsBetween 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 4.4601 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2022: 81.5417) against the same month in 2021 (average: 72.2421), the exchange rate shifted by +9.2997 (+12.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.3037 | 71.2068 | 73.4959 |
| February | 73.8225 | 71.1175 | 72.4677 |
| March | 71.3242 | 66.9019 | 68.0076 |
| April | 68.5070 | 65.3655 | 66.7519 |
| May | 70.6110 | 65.9606 | 69.0579 |
| June | 71.1430 | 65.2284 | 67.4558 |
| July | 75.7074 | 70.3559 | 72.4696 |
| August | 72.5292 | 68.4623 | 71.2847 |
| September | 73.4747 | 69.1039 | 71.5152 |
| October | 80.2550 | 71.4350 | 75.0309 |
| November | 84.4670 | 77.1789 | 81.5417 |
| December | 83.6398 | 80.9301 | 82.2996 |