2022 MNT to MKD Historical Review

YEARLY HIGH

0.0198 MKD

YEARLY LOW

0.0169 MKD

YEARLY AVERAGE

0.0188 MKD

2022 MNT to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MNT to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0198. Conversely, the yearly low was recorded on December 14, dropping to 0.0169.

This high-to-low spread represents a total annual volatility of 0.0028 MKD. From a start-to-finish perspective, comparing the January average rate of 0.0190 to the December average rate of 0.0171, the exchange rate registered a net change of -10.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0198 was up 2.70% compared to the 2021 peak of 0.0192, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 99 MKD

2021 Average 91 MKD

Yearly Trough Low 85 MKD

Transaction Impact: A difference of 14.17 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0196

0.0168

JanuMarcMayJulySeptNove

MNT 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 0.0190, compared to 0.0185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0190

H2 Avg (Jul–Dec) 0.0185

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0012 MKD (High: 0.0185 / Low: 0.0174). On the other end, December was the most stable month, with a tight range of 0.0004 MKD (High: 0.0173 / Low: 0.0169).

November Spread (Volatile) ±0.0012

December Spread (Stable) ±0.0004

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 October and November, when the average rate fell by 0.0011 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.0194) against the same month in 2021 (average: 0.0182), the exchange rate shifted by +0.0012 (+6.86%).

2022 Avg (March) 0.0194

2021 Avg (March) 0.0182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0193	0.0188	0.0190
February	0.0191	0.0188	0.0190
March	0.0198	0.0191	0.0194
April	0.0194	0.0187	0.0191
May	0.0194	0.0184	0.0189
June	0.0189	0.0185	0.0187
July	0.0196	0.0188	0.0192
August	0.0194	0.0187	0.0191
September	0.0197	0.0189	0.0192
October	0.0194	0.0183	0.0188
November	0.0185	0.0174	0.0178
December	0.0173	0.0169	0.0171