2022 MKD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MKD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MKD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 36.4196. Conversely, the yearly low was recorded on July 14, dropping to 30.1049.
This high-to-low spread represents a total annual volatility of 6.3147 MMK. From a start-to-finish perspective, comparing the January average rate of 32.6573 to the December average rate of 36.0959, the exchange rate registered a net change of 10.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 36.4196 was down 1.15% compared to the 2021 peak of 36.8450, 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 MMK 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 32.1644, compared to 33.6624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4981 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was August, with a trading range of 4.6011 MMK (High: 35.1439 / Low: 30.5428). On the other end, December was the most stable month, with a tight range of 0.7397 MMK (High: 36.4196 / Low: 35.6799).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 1.1755 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 36.0959) against the same month in 2021 (average: 32.6734), the exchange rate shifted by +3.4224 (+10.47%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 33.0587 | 32.1193 | 32.6573 |
| February | 33.1144 | 32.2791 | 32.7068 |
| March | 32.1171 | 31.2633 | 31.7654 |
| April | 32.7749 | 31.3930 | 32.2653 |
| May | 32.3737 | 31.2101 | 31.7823 |
| June | 32.2673 | 31.3729 | 31.8090 |
| July | 31.4040 | 30.1049 | 30.6335 |
| August | 35.1439 | 30.5428 | 33.1527 |
| September | 34.5572 | 32.8465 | 33.8289 |
| October | 34.1095 | 33.0621 | 33.4909 |
| November | 35.4686 | 33.3913 | 34.7726 |
| December | 36.4196 | 35.6799 | 36.0959 |