2022 MKD to MXN Historical Review

YEARLY HIGH

0.3846 MXN

YEARLY LOW

0.3116 MXN

YEARLY AVERAGE

0.3442 MXN

2022 MKD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.3846. Conversely, the yearly low was recorded on November 4, dropping to 0.3116.

This high-to-low spread represents a total annual volatility of 0.0731 MXN. From a start-to-finish perspective, comparing the January average rate of 0.3766 to the December average rate of 0.3366, the exchange rate registered a net change of -10.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3846 was down 7.03% compared to the 2021 peak of 0.4137, 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 1,923 MXN

2021 Average 1,947 MXN

Yearly Trough Low 1,558 MXN

Transaction Impact: A difference of 365.29 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3824

0.3131

JanuMarcMayJulySeptNove

MKD to MXN 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 0.3599, compared to 0.3286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0313 points.

H1 Avg (Jan–Jun) 0.3599

H2 Avg (Jul–Dec) 0.3286

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0230 MXN (High: 0.3457 / Low: 0.3227). On the other end, January was the most stable month, with a tight range of 0.0049 MXN (High: 0.3786 / Low: 0.3737).

August Spread (Volatile) ±0.0230

January Spread (Stable) ±0.0049

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 March and April, when the average rate fell by 0.0144 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.3765) against the same month in 2021 (average: 0.3984), the exchange rate shifted by -0.0219 (-5.49%).

2022 Avg (February) 0.3765

2021 Avg (February) 0.3984

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3786	0.3737	0.3766
February	0.3846	0.3715	0.3765
March	0.3780	0.3556	0.3670
April	0.3566	0.3473	0.3526
May	0.3495	0.3390	0.3434
June	0.3503	0.3392	0.3430
July	0.3438	0.3354	0.3393
August	0.3457	0.3227	0.3314
September	0.3296	0.3168	0.3231
October	0.3239	0.3143	0.3188
November	0.3286	0.3116	0.3224
December	0.3412	0.3272	0.3366