2022 MKD to SYP Historical Review

YEARLY HIGH

46.7712 SYP

YEARLY LOW

39.2919 SYP

YEARLY AVERAGE

42.9979 SYP

2022 MKD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 46.7712. Conversely, the yearly low was recorded on September 27, dropping to 39.2919.

This high-to-low spread represents a total annual volatility of 7.4792 SYP. From a start-to-finish perspective, comparing the January average rate of 46.1509 to the December average rate of 43.1746, the exchange rate registered a net change of -6.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 46.7712 was up 1.09% compared to the 2021 peak of 46.2675, 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 233,856 SYP

2021 Average 118,104 SYP

Yearly Trough Low 196,460 SYP

Transaction Impact: A difference of 37,396.14 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

46.8252

39.4730

JanuMarcMayJulySeptNove

MKD to SYP 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 44.6053, compared to 41.3906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2146 points.

H1 Avg (Jan–Jun) 44.6053

H2 Avg (Jul–Dec) 41.3906

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.3570 SYP (High: 42.4484 / Low: 40.0914). On the other end, December was the most stable month, with a tight range of 0.8936 SYP (High: 43.5541 / Low: 42.6604).

November Spread (Volatile) ±2.3570

December Spread (Stable) ±0.8936

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 1.5590 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5590

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 46.2125) against the same month in 2021 (average: 10.0612), the exchange rate shifted by +36.1513 (+359.31%).

2022 Avg (February) 46.2125

2021 Avg (February) 10.0612

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.7189	45.4443	46.1509
February	46.7712	45.7423	46.2125
March	45.3730	44.2487	44.8712
April	45.0890	42.9773	44.1362
May	43.9508	42.3897	43.1214
June	43.7609	42.5832	43.1394
July	42.6272	40.8495	41.5804
August	42.1552	40.5577	41.3556
September	41.3998	39.2919	40.4949
October	40.8064	39.5709	40.0857
November	42.4484	40.0914	41.6526
December	43.5541	42.6604	43.1746