YEARLY HIGH
0.1494 MOP
YEARLY LOW
0.1265 MOP
YEARLY AVERAGE
0.1380 MOP

2022 MKD to MOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to MOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.1494. Conversely, the yearly low was recorded on September 27, dropping to 0.1265.

This high-to-low spread represents a total annual volatility of 0.0229 MOP. From a start-to-finish perspective, comparing the January average rate of 0.1474 to the December average rate of 0.1379, the exchange rate registered a net change of -6.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1494 was down 6.45% compared to the 2021 peak of 0.1597, 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 747 MOP
2021 Average 769 MOP
Yearly Trough Low 632 MOP
Transaction Impact: A difference of 114.60 MOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1496
0.1271
JanuMarcMayJulySeptNove

MKD to MOP 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 0.1431, compared to 0.1329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.1431
H2 Avg (Jul–Dec) 0.1329

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0074 MOP (High: 0.1359 / Low: 0.1286). On the other end, December was the most stable month, with a tight range of 0.0028 MOP (High: 0.1391 / Low: 0.1362).

November Spread (Volatile) ±0.0074
December Spread (Stable) ±0.0028

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 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.1478) against the same month in 2021 (average: 0.1567), the exchange rate shifted by -0.0089 (-5.70%).

2022 Avg (February) 0.1478
2021 Avg (February) 0.1567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1491 0.1450 0.1474
February 0.1494 0.1460 0.1478
March 0.1456 0.1415 0.1439
April 0.1450 0.1381 0.1421
May 0.1414 0.1363 0.1387
June 0.1408 0.1370 0.1389
July 0.1371 0.1315 0.1338
August 0.1356 0.1304 0.1331
September 0.1330 0.1265 0.1302
October 0.1313 0.1273 0.1290
November 0.1359 0.1286 0.1335
December 0.1391 0.1362 0.1379