2022 MKD to PGK Historical Review

YEARLY HIGH

0.0657 PGK

YEARLY LOW

0.0551 PGK

YEARLY AVERAGE

0.0604 PGK

2022 MKD to PGK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to PGK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 0.0657. Conversely, the yearly low was recorded on September 27, dropping to 0.0551.

This high-to-low spread represents a total annual volatility of 0.0106 PGK. From a start-to-finish perspective, comparing the January average rate of 0.0647 to the December average rate of 0.0606, the exchange rate registered a net change of -6.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0657 was down 7.32% compared to the 2021 peak of 0.0708, 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 328 PGK

2021 Average 339 PGK

Yearly Trough Low 275 PGK

Transaction Impact: A difference of 52.88 PGK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0656

0.0554

JanuMarcMayJulySeptNove

MKD to PGK 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 0.0626, compared to 0.0581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.0626

H2 Avg (Jul–Dec) 0.0581

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0035 PGK (High: 0.0595 / Low: 0.0560). On the other end, February was the most stable month, with a tight range of 0.0016 PGK (High: 0.0655 / Low: 0.0639).

November Spread (Volatile) ±0.0035

February Spread (Stable) ±0.0016

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 0.0023 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0647) against the same month in 2021 (average: 0.0698), the exchange rate shifted by -0.0050 (-7.22%).

2022 Avg (January) 0.0647

2021 Avg (January) 0.0698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0657	0.0636	0.0647
February	0.0655	0.0639	0.0648
March	0.0637	0.0621	0.0629
April	0.0633	0.0601	0.0619
May	0.0624	0.0593	0.0605
June	0.0621	0.0600	0.0610
July	0.0601	0.0575	0.0587
August	0.0591	0.0568	0.0580
September	0.0580	0.0551	0.0568
October	0.0573	0.0555	0.0562
November	0.0595	0.0560	0.0584
December	0.0616	0.0597	0.0606