2022 PKR to MKD Historical Review

YEARLY HIGH

0.3191 MKD

YEARLY LOW

0.2513 MKD

YEARLY AVERAGE

0.2882 MKD

2022 PKR to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PKR to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.3191. Conversely, the yearly low was recorded on August 1, dropping to 0.2513.

This high-to-low spread represents a total annual volatility of 0.0678 MKD. From a start-to-finish perspective, comparing the January average rate of 0.3083 to the December average rate of 0.2584, the exchange rate registered a net change of -16.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3191 was down 7.30% compared to the 2021 peak of 0.3442, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 159,539 MKD

2021 Average 160,091 MKD

Yearly Trough Low 125,656 MKD

Transaction Impact: A difference of 33,882.36 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3163

0.2531

JanuMarcMayJulySeptNove

PKR 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 0.3037, compared to 0.2728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0309 points.

H1 Avg (Jan–Jun) 0.3037

H2 Avg (Jul–Dec) 0.2728

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0441 MKD (High: 0.2961 / Low: 0.2520). On the other end, February was the most stable month, with a tight range of 0.0038 MKD (High: 0.3113 / Low: 0.3075).

July Spread (Volatile) ±0.0441

February Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0161 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.3110) against the same month in 2021 (average: 0.3319), the exchange rate shifted by -0.0208 (-6.28%).

2022 Avg (March) 0.3110

2021 Avg (March) 0.3319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3131	0.3052	0.3083
February	0.3113	0.3075	0.3095
March	0.3191	0.3033	0.3110
April	0.3148	0.3018	0.3082
May	0.3158	0.2835	0.3006
June	0.2916	0.2759	0.2846
July	0.2961	0.2520	0.2783
August	0.2874	0.2513	0.2754
September	0.2841	0.2578	0.2695
October	0.2924	0.2755	0.2836
November	0.2833	0.2637	0.2714
December	0.2633	0.2548	0.2584