YEARLY HIGH
28.2091 LBP
YEARLY LOW
23.7094 LBP
YEARLY AVERAGE
25.9382 LBP

2022 MKD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 28.2091. Conversely, the yearly low was recorded on September 26, dropping to 23.7094.

This high-to-low spread represents a total annual volatility of 4.4997 LBP. From a start-to-finish perspective, comparing the January average rate of 27.7710 to the December average rate of 26.0938, the exchange rate registered a net change of -6.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 28.2091 was down 7.16% compared to the 2021 peak of 30.3834, 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 141,046 LBP
2021 Average 145,889 LBP
Yearly Trough Low 118,547 LBP
Transaction Impact: A difference of 22,498.71 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

28.2177
23.8706
JanuMarcMayJulySeptNove

MKD to LBP 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 26.9038, compared to 24.9727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9312 points.

H1 Avg (Jan–Jun) 26.9038
H2 Avg (Jul–Dec) 24.9727

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.6030 LBP (High: 25.6443 / Low: 24.0413). On the other end, December was the most stable month, with a tight range of 0.5808 LBP (High: 26.4203 / Low: 25.8395).

November Spread (Volatile) ±1.6030
December Spread (Stable) ±0.5808

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 1.0290 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.0290

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 27.8554) against the same month in 2021 (average: 29.7400), the exchange rate shifted by -1.8845 (-6.34%).

2022 Avg (February) 27.8554
2021 Avg (February) 29.7400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.1039 27.3279 27.7710
February 28.2091 27.4479 27.8554
March 27.3627 26.6187 27.0401
April 27.1755 25.8964 26.6433
May 26.5106 25.5567 26.0678
June 26.4325 25.6412 26.0453
July 25.6457 24.5879 25.0164
August 25.4277 24.5198 24.9841
September 24.9341 23.7094 24.3667
October 24.7272 23.8755 24.2328
November 25.6443 24.0413 25.1421
December 26.4203 25.8395 26.0938