YEARLY HIGH
4.1575 MKD
YEARLY LOW
3.0892 MKD
YEARLY AVERAGE
3.5702 MKD

2022 TRY to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 4.1575. Conversely, the yearly low was recorded on December 31, dropping to 3.0892.

This high-to-low spread represents a total annual volatility of 1.0682 MKD. From a start-to-finish perspective, comparing the January average rate of 4.0238 to the December average rate of 3.1200, the exchange rate registered a net change of -22.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 4.1575 was down 43.33% compared to the 2021 peak of 7.3362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 207,874 MKD
2021 Average 300,737 MKD
Yearly Trough Low 154,462 MKD
Transaction Impact: A difference of 53,412.24 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

4.1142
3.0296
JanuMarcMayJulySeptNove

TRY 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: JanтАУJun) was 3.8132, compared to 3.3271 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.4861 points.

H1 Avg (JanтАУJun) 3.8132
H2 Avg (JulтАУDec) 3.3271

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.4811 MKD (High: 3.9693 / Low: 3.4883). On the other end, December was the most stable month, with a tight range of 0.0715 MKD (High: 3.1607 / Low: 3.0892).

May Spread (Volatile) ┬▒0.4811
December Spread (Stable) ┬▒0.0715

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 May and June, when the average rate fell by 0.3034 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 4.0238) against the same month in 2021 (average: 6.8430), the exchange rate shifted by -2.8192 (-41.20%).

2022 Avg (January) 4.0238
2021 Avg (January) 6.8430

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 4.1575 3.9092 4.0238
February 4.0855 3.8853 3.9840
March 3.9889 3.7681 3.8311
April 3.9501 3.7934 3.8693
May 3.9693 3.4883 3.7371
June 3.5399 3.3438 3.4338
July 3.5511 3.3609 3.4645
August 3.4216 3.3197 3.3705
September 3.4649 3.3306 3.3896
October 3.4211 3.3081 3.3737
November 3.3753 3.1763 3.2446
December 3.1607 3.0892 3.1200