2022 PGK to MKD Historical Review

YEARLY HIGH

18.1534 MKD

YEARLY LOW

15.2297 MKD

YEARLY AVERAGE

16.6028 MKD

2022 PGK to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PGK to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 18.1534. Conversely, the yearly low was recorded on January 15, dropping to 15.2297.

This high-to-low spread represents a total annual volatility of 2.9237 MKD. From a start-to-finish perspective, comparing the January average rate of 15.4507 to the December average rate of 16.5033, the exchange rate registered a net change of 6.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 18.1534 was up 16.46% compared to the 2021 peak of 15.5874, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 90,767 MKD

2021 Average 73,829 MKD

Yearly Trough Low 76,148 MKD

Transaction Impact: A difference of 14,618.60 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

18.0276

15.2087

JanuMarcMayJulySeptNove

PGK 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 15.9818, compared to 17.2239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2421 points.

H1 Avg (Jan–Jun) 15.9818

H2 Avg (Jul–Dec) 17.2239

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.0415 MKD (High: 17.8472 / Low: 16.8057). On the other end, February was the most stable month, with a tight range of 0.3856 MKD (High: 15.6568 / Low: 15.2712).

November Spread (Volatile) ±1.0415

February Spread (Stable) ±0.3856

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6490 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.6490

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 17.6233) against the same month in 2021 (average: 14.8402), the exchange rate shifted by +2.7831 (+18.75%).

2022 Avg (September) 17.6233

2021 Avg (September) 14.8402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.7274	15.2297	15.4507
February	15.6568	15.2712	15.4436
March	16.1049	15.6918	15.8998
April	16.6505	15.7971	16.1698
May	16.8621	16.0251	16.5225
June	16.6662	16.1125	16.4043
July	17.3871	16.6288	17.0375
August	17.6018	16.9148	17.2426
September	18.1534	17.2547	17.6233
October	18.0291	17.4672	17.7927
November	17.8472	16.8057	17.1438
December	16.7556	16.2333	16.5033