YEARLY HIGH
207.0894 UZS
YEARLY LOW
172.7255 UZS
YEARLY AVERAGE
189.1029 UZS

2022 MKD to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 207.0894. Conversely, the yearly low was recorded on September 27, dropping to 172.7255.

This high-to-low spread represents a total annual volatility of 34.3639 UZS. From a start-to-finish perspective, comparing the January average rate of 198.8983 to the December average rate of 193.3670, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 207.0894 was down 1.76% compared to the 2021 peak of 210.8060, 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 1,035,447 UZS
2021 Average 1,018,676 UZS
Yearly Trough Low 863,627 UZS
Transaction Impact: A difference of 171,819.48 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

201.9672
174.6270
JanuMarcMayJulySeptNove

MKD to UZS 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 195.9890, compared to 182.2168 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.7721 points.

H1 Avg (Jan–Jun) 195.9890
H2 Avg (Jul–Dec) 182.2168

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 15.2957 UZS (High: 207.0894 / Low: 191.7937). On the other end, December was the most stable month, with a tight range of 3.9346 UZS (High: 195.2038 / Low: 191.2692).

March Spread (Volatile) ±15.2957
December Spread (Stable) ±3.9346

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 8.0882 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.0882

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 199.6889) against the same month in 2021 (average: 202.6587), the exchange rate shifted by -2.9698 (-1.47%).

2022 Avg (March) 199.6889
2021 Avg (March) 202.6587

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 201.8658 195.4917 198.8983
February 201.8834 197.1660 199.5827
March 207.0894 191.7937 199.6889
April 204.8501 191.2110 198.9138
May 193.0187 188.3054 190.8256
June 191.9893 184.4688 188.0245
July 184.0243 177.7864 180.5010
August 183.1024 175.9843 179.8997
September 180.2761 172.7255 176.9053
October 181.4676 173.9611 177.2624
November 189.7306 177.0101 185.3656
December 195.2038 191.2692 193.3670