2022 MKD to MNT Historical Review

YEARLY HIGH

59.0589 MNT

YEARLY LOW

50.5923 MNT

YEARLY AVERAGE

53.3241 MNT

2022 MKD to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 59.0589. Conversely, the yearly low was recorded on March 7, dropping to 50.5923.

This high-to-low spread represents a total annual volatility of 8.4665 MNT. From a start-to-finish perspective, comparing the January average rate of 52.5473 to the December average rate of 58.5443, the exchange rate registered a net change of 11.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 59.0589 was up 3.69% compared to the 2021 peak of 56.9583, 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 295,294 MNT

2021 Average 273,798 MNT

Yearly Trough Low 252,962 MNT

Transaction Impact: A difference of 42,332.59 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

59.2477

50.8073

JanuMarcMayJulySeptNove

MKD to MNT 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 52.5765, compared to 54.0717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4952 points.

H1 Avg (Jan–Jun) 52.5765

H2 Avg (Jul–Dec) 54.0717

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 3.6192 MNT (High: 57.5595 / Low: 53.9403). On the other end, February was the most stable month, with a tight range of 1.0149 MNT (High: 53.3150 / Low: 52.3001).

November Spread (Volatile) ±3.6192

February Spread (Stable) ±1.0149

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.5289 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 58.5443) against the same month in 2021 (average: 52.4596), the exchange rate shifted by +6.0847 (+11.60%).

2022 Avg (December) 58.5443

2021 Avg (December) 52.4596

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.2005	51.7490	52.5473
February	53.3150	52.3001	52.6949
March	52.3406	50.5923	51.5107
April	53.3449	51.5603	52.3264
May	54.3209	51.6597	52.8548
June	54.0862	52.9480	53.5250
July	53.0562	51.1269	51.9961
August	53.4603	51.5492	52.4165
September	53.0022	50.6594	51.9763
October	54.7162	51.5830	53.1399
November	57.5595	53.9403	56.3569
December	59.0589	57.8471	58.5443