2022 MKD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MKD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 10.8800. Conversely, the yearly low was recorded on September 27, dropping to 8.8945.
This high-to-low spread represents a total annual volatility of 1.9855 SOS. From a start-to-finish perspective, comparing the January average rate of 10.6863 to the December average rate of 9.7756, the exchange rate registered a net change of -8.52% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 10.8800 was down 6.29% compared to the 2021 peak of 11.6105, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
MKD to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 10.3143, compared to 9.3902 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9241 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 0.5916 SOS (High: 10.4825 / Low: 9.8908). On the other end, December was the most stable month, with a tight range of 0.1962 SOS (High: 9.8658 / Low: 9.6696).
Growth Streaks & Declines
TrendsBetween 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 0.4356 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 10.6863) against the same month in 2021 (average: 11.4741), the exchange rate shifted by -0.7878 (-6.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.8800 | 10.5039 | 10.6863 |
| February | 10.8211 | 10.5023 | 10.6966 |
| March | 10.5248 | 10.2316 | 10.3912 |
| April | 10.4825 | 9.8908 | 10.1830 |
| May | 10.1297 | 9.7542 | 9.9614 |
| June | 10.1542 | 9.8183 | 9.9675 |
| July | 9.8129 | 9.3662 | 9.5319 |
| August | 9.6547 | 9.1744 | 9.3986 |
| September | 9.3478 | 8.8945 | 9.1558 |
| October | 9.2397 | 8.8966 | 9.0668 |
| November | 9.6100 | 9.0400 | 9.4128 |
| December | 9.8658 | 9.6696 | 9.7756 |