2022 MKD to LRD Historical Review

YEARLY HIGH

2.8515 LRD

YEARLY LOW

2.4005 LRD

YEARLY AVERAGE

2.6158 LRD

2022 MKD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 2.8515. Conversely, the yearly low was recorded on September 27, dropping to 2.4005.

This high-to-low spread represents a total annual volatility of 0.4510 LRD. From a start-to-finish perspective, comparing the January average rate of 2.7446 to the December average rate of 2.6498, the exchange rate registered a net change of -3.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.8515 was down 16.83% compared to the 2021 peak of 3.4284, 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 14,258 LRD

2021 Average 15,982 LRD

Yearly Trough Low 12,002 LRD

Transaction Impact: A difference of 2,255.11 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.8649

2.4140

JanuMarcMayJulySeptNove

MKD to LRD 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 2.7009, compared to 2.5308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1701 points.

H1 Avg (Jan–Jun) 2.7009

H2 Avg (Jul–Dec) 2.5308

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1493 LRD (High: 2.6026 / Low: 2.4533). On the other end, December was the most stable month, with a tight range of 0.0583 LRD (High: 2.6756 / Low: 2.6173).

November Spread (Volatile) ±0.1493

December Spread (Stable) ±0.0583

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 0.0868 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 2.8273) against the same month in 2021 (average: 3.3861), the exchange rate shifted by -0.5588 (-16.50%).

2022 Avg (February) 2.8273

2021 Avg (February) 3.3861

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7862	2.6651	2.7446
February	2.8515	2.7919	2.8273
March	2.7846	2.7127	2.7438
April	2.7410	2.5992	2.6745
May	2.6522	2.5561	2.6042
June	2.6474	2.5761	2.6110
July	2.5873	2.4776	2.5242
August	2.5754	2.4802	2.5285
September	2.5375	2.4005	2.4799
October	2.4950	2.4185	2.4516
November	2.6026	2.4533	2.5508
December	2.6756	2.6173	2.6498