2022 MKD to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MKD to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MKD to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 403.0378. Conversely, the yearly low was recorded on September 27, dropping to 355.2652.
This high-to-low spread represents a total annual volatility of 47.7727 STD. From a start-to-finish perspective, comparing the January average rate of 388.5423 to the December average rate of 392.2008, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 403.0378 was down 2.35% compared to the 2021 peak of 412.7231, 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 STD 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 385.3487, compared to 372.5210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.8277 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was July, with a trading range of 35.6331 STD (High: 392.9989 / Low: 357.3657). On the other end, February was the most stable month, with a tight range of 7.4578 STD (High: 393.5219 / Low: 386.0641).
Growth Streaks & Declines
TrendsBetween 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 21.2896 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2022: 382.3342) against the same month in 2021 (average: 408.9026), the exchange rate shifted by -26.5685 (-6.50%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 395.3652 | 381.8736 | 388.5423 |
| February | 393.5219 | 386.0641 | 389.0144 |
| March | 387.3182 | 376.6461 | 382.3318 |
| April | 384.8943 | 370.9412 | 379.8927 |
| May | 403.0378 | 371.7992 | 382.3342 |
| June | 401.0852 | 373.9181 | 389.9767 |
| July | 392.9989 | 357.3657 | 368.6871 |
| August | 375.6940 | 361.4570 | 367.7886 |
| September | 368.9616 | 355.2652 | 362.6347 |
| October | 371.9325 | 358.3037 | 365.3578 |
| November | 385.6038 | 364.1929 | 378.4570 |
| December | 395.6479 | 387.5300 | 392.2008 |