YEARLY HIGH
131.0164 PYG
YEARLY LOW
109.6932 PYG
YEARLY AVERAGE
119.4379 PYG

2022 MKD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 131.0164. Conversely, the yearly low was recorded on September 26, dropping to 109.6932.

This high-to-low spread represents a total annual volatility of 21.3232 PYG. From a start-to-finish perspective, comparing the January average rate of 127.9462 to the December average rate of 124.2405, the exchange rate registered a net change of -2.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 131.0164 was down 5.23% compared to the 2021 peak of 138.2400, 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 655,082 PYG
2021 Average 650,719 PYG
Yearly Trough Low 548,466 PYG
Transaction Impact: A difference of 106,615.95 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

129.8857
110.5238
JanuMarcMayJulySeptNove

MKD to PYG 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 122.8159, compared to 116.0599 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.7560 points.

H1 Avg (Jan–Jun) 122.8159
H2 Avg (Jul–Dec) 116.0599

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 7.5102 PYG (High: 124.4131 / Low: 116.9029). On the other end, June was the most stable month, with a tight range of 3.2535 PYG (High: 119.7876 / Low: 116.5340).

April Spread (Volatile) ±7.5102
June Spread (Stable) ±3.2535

Growth Streaks & Declines

Trends

Between September and December, 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 4.2745 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.2745

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 128.2722) against the same month in 2021 (average: 132.1984), the exchange rate shifted by -3.9262 (-2.97%).

2022 Avg (February) 128.2722
2021 Avg (February) 132.1984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 129.3838 125.9635 127.9462
February 131.0164 125.9756 128.2722
March 126.1709 122.8447 124.4960
April 124.4131 116.9029 120.7597
May 119.9775 115.9338 117.5614
June 119.7876 116.5340 117.8598
July 116.0836 111.5655 113.5853
August 115.5067 110.9232 113.2076
September 113.8170 109.6932 112.1373
October 117.9368 111.8125 114.1858
November 121.6887 115.3698 119.0027
December 127.0326 121.0298 124.2405