2022 MKD to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 MKD to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the MKD to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 422.4964. Conversely, the yearly low was recorded on September 27, dropping to 371.2380.
This high-to-low spread represents a total annual volatility of 51.2584 VND. From a start-to-finish perspective, comparing the January average rate of 417.1165 to the December average rate of 408.7843, the exchange rate registered a net change of -2.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 422.4964 was down 8.70% compared to the 2021 peak of 462.7812, 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 VND 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 406.8815, compared to 393.5417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.3398 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was October, with a trading range of 27.4066 VND (High: 403.5120 / Low: 376.1054). On the other end, February was the most stable month, with a tight range of 7.4679 VND (High: 421.7236 / Low: 414.2557).
Growth Streaks & Declines
TrendsBetween September and November, 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 11.7432 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2022: 417.1165) against the same month in 2021 (average: 456.1462), the exchange rate shifted by -39.0298 (-8.56%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 422.4964 | 409.7587 | 417.1165 |
| February | 421.7236 | 414.2557 | 418.4365 |
| March | 412.8096 | 402.5354 | 408.3328 |
| April | 409.9474 | 392.6937 | 402.4575 |
| May | 405.4858 | 389.5155 | 396.2719 |
| June | 403.9370 | 393.7807 | 398.6738 |
| July | 395.5664 | 380.7568 | 386.9306 |
| August | 392.5132 | 377.9483 | 385.2301 |
| September | 387.6105 | 371.2380 | 380.7131 |
| October | 403.5120 | 376.1054 | 388.1343 |
| November | 419.3024 | 396.9200 | 411.4578 |
| December | 419.2169 | 403.8174 | 408.7843 |