2022 MKD to CRC Historical Review

YEARLY HIGH

11.9845 CRC

YEARLY LOW

9.7106 CRC

YEARLY AVERAGE

11.0436 CRC

2022 MKD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 11.9845. Conversely, the yearly low was recorded on October 22, dropping to 9.7106.

This high-to-low spread represents a total annual volatility of 2.2739 CRC. From a start-to-finish perspective, comparing the January average rate of 11.7361 to the December average rate of 10.1323, the exchange rate registered a net change of -13.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 11.9845 was down 2.53% compared to the 2021 peak of 12.2953, 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 59,922 CRC

2021 Average 59,642 CRC

Yearly Trough Low 48,553 CRC

Transaction Impact: A difference of 11,369.56 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

11.9845

9.7655

JanuMarcMayJulySeptNove

MKD to CRC 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 11.6514, compared to 10.4359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2155 points.

H1 Avg (Jan–Jun) 11.6514

H2 Avg (Jul–Dec) 10.4359

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.9987 CRC (High: 11.2183 / Low: 10.2195). On the other end, January was the most stable month, with a tight range of 0.2718 CRC (High: 11.8483 / Low: 11.5765).

August Spread (Volatile) ±0.9987

January Spread (Stable) ±0.2718

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 0.5155 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5155

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 11.7995) against the same month in 2021 (average: 12.0091), the exchange rate shifted by -0.2095 (-1.74%).

2022 Avg (February) 11.7995

2021 Avg (February) 12.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8483	11.5765	11.7361
February	11.9845	11.6394	11.7995
March	11.8377	11.3432	11.5628
April	11.8166	11.3099	11.5496
May	11.8120	11.2893	11.4859
June	11.8994	11.5731	11.7743
July	11.6332	11.0651	11.2588
August	11.2183	10.2195	10.8332
September	10.6435	9.8955	10.3204
October	10.2096	9.7106	9.9504
November	10.3332	9.8801	10.1204
December	10.3035	9.9725	10.1323