2022 MMK to MKD Historical Review

YEARLY HIGH

0.0332 MKD

YEARLY LOW

0.0275 MKD

YEARLY AVERAGE

0.0304 MKD

2022 MMK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MMK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 14, valuing the pair at 0.0332. Conversely, the yearly low was recorded on December 14, dropping to 0.0275.

This high-to-low spread represents a total annual volatility of 0.0058 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0306 to the December average rate of 0.0277, the exchange rate registered a net change of -9.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0332 was down 13.83% compared to the 2021 peak of 0.0385, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MMK based on timing:

Yearly Peak High 166 MKD

2021 Average 163 MKD

Yearly Trough Low 137 MKD

Transaction Impact: A difference of 28.80 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0331

0.0272

JanuMarcMayJulySeptNove

MMK to MKD 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 0.0311, compared to 0.0298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0311

H2 Avg (Jul–Dec) 0.0298

Volatility Range Comparison

Volatility

The most volatile month in 2022 was August, with a trading range of 0.0043 MKD (High: 0.0327 / Low: 0.0285). On the other end, December was the most stable month, with a tight range of 0.0006 MKD (High: 0.0280 / Low: 0.0275).

August Spread (Volatile) ±0.0043

December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0024 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 0.0326) against the same month in 2021 (average: 0.0317), the exchange rate shifted by +0.0010 (+3.15%).

2022 Avg (July) 0.0326

2021 Avg (July) 0.0317

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0311	0.0302	0.0306
February	0.0310	0.0302	0.0306
March	0.0320	0.0311	0.0315
April	0.0319	0.0305	0.0310
May	0.0320	0.0309	0.0315
June	0.0319	0.0310	0.0314
July	0.0332	0.0318	0.0326
August	0.0327	0.0285	0.0302
September	0.0304	0.0289	0.0296
October	0.0302	0.0293	0.0299
November	0.0299	0.0282	0.0288
December	0.0280	0.0275	0.0277