2022 MYR to MKD Historical Review

YEARLY HIGH

13.8887 MKD

YEARLY LOW

12.7964 MKD

YEARLY AVERAGE

13.3109 MKD

2022 MYR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MYR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 13.8887. Conversely, the yearly low was recorded on November 13, dropping to 12.7964.

This high-to-low spread represents a total annual volatility of 1.0923 MKD. From a start-to-finish perspective, comparing the January average rate of 12.9949 to the December average rate of 13.1894, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 13.8887 was up 5.99% compared to the 2021 peak of 13.1039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 277,774 MKD

2021 Average 251,428 MKD

Yearly Trough Low 255,928 MKD

Transaction Impact: A difference of 21,845.74 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

13.7442

12.9111

JanuMarcMayJulySeptNove

MYR 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 13.1990, compared to 13.4228 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2238 points.

H1 Avg (Jan–Jun) 13.1990

H2 Avg (Jul–Dec) 13.4228

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.6236 MKD (High: 13.6547 / Low: 13.0311). On the other end, February was the most stable month, with a tight range of 0.2296 MKD (High: 13.0800 / Low: 12.8504).

October Spread (Volatile) ±0.6236

February Spread (Stable) ±0.2296

Growth Streaks & Declines

Trends

Between February and April, 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 September and October, when the average rate fell by 0.3147 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 13.6748) against the same month in 2021 (average: 12.5506), the exchange rate shifted by +1.1242 (+8.96%).

2022 Avg (September) 13.6748

2021 Avg (September) 12.5506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.1975	12.8679	12.9949
February	13.0800	12.8504	12.9806
March	13.5911	13.1676	13.3342
April	13.4576	13.1635	13.3448
May	13.4766	13.0561	13.3008
June	13.3910	13.0756	13.2386
July	13.8405	13.3746	13.6133
August	13.8401	13.4088	13.6095
September	13.8887	13.4926	13.6748
October	13.6547	13.0311	13.3601
November	13.2891	12.7964	13.0895
December	13.4286	13.0805	13.1894