YEARLY HIGH
0.4184 CZK
YEARLY LOW
0.3852 CZK
YEARLY AVERAGE
0.3988 CZK

2022 MKD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 0.4184. Conversely, the yearly low was recorded on November 10, dropping to 0.3852.

This high-to-low spread represents a total annual volatility of 0.0332 CZK. From a start-to-finish perspective, comparing the January average rate of 0.3974 to the December average rate of 0.3936, the exchange rate registered a net change of -0.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.4184 was down 2.38% compared to the 2021 peak of 0.4286, 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 2,092 CZK
2021 Average 2,082 CZK
Yearly Trough Low 1,926 CZK
Transaction Impact: A difference of 166.04 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.4069
0.3924
JanuMarcMayJulySeptNove

MKD to CZK 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 0.4001, compared to 0.3975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.4001
H2 Avg (Jul–Dec) 0.3975

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.0252 CZK (High: 0.4184 / Low: 0.3931). On the other end, December was the most stable month, with a tight range of 0.0055 CZK (High: 0.3965 / Low: 0.3910).

March Spread (Volatile) ±0.0252
December Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.0088 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.4057) against the same month in 2021 (average: 0.4247), the exchange rate shifted by -0.0190 (-4.48%).

2022 Avg (March) 0.4057
2021 Avg (March) 0.4247

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4043 0.3922 0.3974
February 0.4089 0.3899 0.3969
March 0.4184 0.3931 0.4057
April 0.4014 0.3941 0.3969
May 0.4139 0.3957 0.4019
June 0.4049 0.3978 0.4016
July 0.4027 0.3938 0.3992
August 0.4049 0.3934 0.3993
September 0.4071 0.3928 0.3997
October 0.4046 0.3929 0.3979
November 0.4035 0.3852 0.3950
December 0.3965 0.3910 0.3936