YEARLY HIGH
0.6405 UAH
YEARLY LOW
0.4800 UAH
YEARLY AVERAGE
0.5558 UAH

2022 MKD to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.6405. Conversely, the yearly low was recorded on July 14, dropping to 0.4800.

This high-to-low spread represents a total annual volatility of 0.1604 UAH. From a start-to-finish perspective, comparing the January average rate of 0.5142 to the December average rate of 0.6334, the exchange rate registered a net change of 23.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6405 was up 13.24% compared to the 2021 peak of 0.5656, 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 3,202 UAH
2021 Average 2,620 UAH
Yearly Trough Low 2,400 UAH
Transaction Impact: A difference of 802.20 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6460
0.4945
JanuMarcMayJulySeptNove

MKD to UAH 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 0.5178, compared to 0.5938 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0761 points.

H1 Avg (Jan–Jun) 0.5178
H2 Avg (Jul–Dec) 0.5938

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.1335 UAH (High: 0.6135 / Low: 0.4800). On the other end, April was the most stable month, with a tight range of 0.0120 UAH (High: 0.5281 / Low: 0.5161).

July Spread (Volatile) ±0.1335
April Spread (Stable) ±0.0120

Growth Streaks & Declines

Trends

Between January and March, 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 August and September, when the average rate fell by 0.0131 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.6334) against the same month in 2021 (average: 0.4995), the exchange rate shifted by +0.1339 (+26.81%).

2022 Avg (December) 0.6334
2021 Avg (December) 0.4995

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5284 0.4998 0.5142
February 0.5495 0.5151 0.5256
March 0.5422 0.5214 0.5296
April 0.5281 0.5161 0.5205
May 0.5196 0.4978 0.5096
June 0.5136 0.5006 0.5071
July 0.6135 0.4800 0.5275
August 0.6195 0.5960 0.6077
September 0.6077 0.5754 0.5945
October 0.5984 0.5815 0.5888
November 0.6237 0.5843 0.6109
December 0.6405 0.6243 0.6334