2022 MKD to RON Historical Review

YEARLY HIGH

0.0817 RON

YEARLY LOW

0.0773 RON

YEARLY AVERAGE

0.0800 RON

2022 MKD to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 0.0817. Conversely, the yearly low was recorded on November 10, dropping to 0.0773.

This high-to-low spread represents a total annual volatility of 0.0044 RON. From a start-to-finish perspective, comparing the January average rate of 0.0802 to the December average rate of 0.0798, the exchange rate registered a net change of -0.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0817 was up 0.90% compared to the 2021 peak of 0.0810, 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 409 RON

2021 Average 399 RON

Yearly Trough Low 387 RON

Transaction Impact: A difference of 21.89 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0804

0.0794

JanuMarcMayJulySeptNove

MKD to RON 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 0.0803, compared to 0.0798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0803

H2 Avg (Jul–Dec) 0.0798

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0035 RON (High: 0.0817 / Low: 0.0782). On the other end, December was the most stable month, with a tight range of 0.0010 RON (High: 0.0803 / Low: 0.0792).

September Spread (Volatile) ±0.0035

December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0798) against the same month in 2021 (average: 0.0804), the exchange rate shifted by -0.0006 (-0.71%).

2022 Avg (September) 0.0798

2021 Avg (September) 0.0804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0809	0.0797	0.0802
February	0.0811	0.0792	0.0802
March	0.0812	0.0794	0.0803
April	0.0810	0.0798	0.0803
May	0.0808	0.0796	0.0803
June	0.0810	0.0795	0.0803
July	0.0806	0.0794	0.0802
August	0.0805	0.0786	0.0795
September	0.0817	0.0782	0.0798
October	0.0816	0.0783	0.0799
November	0.0809	0.0773	0.0796
December	0.0803	0.0792	0.0798