YEARLY HIGH
13.7451 MKD
YEARLY LOW
12.3818 MKD
YEARLY AVERAGE
13.1555 MKD

2022 PLN to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the PLN to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 13.7451. Conversely, the yearly low was recorded on March 7, dropping to 12.3818.

This high-to-low spread represents a total annual volatility of 1.3632 MKD. From a start-to-finish perspective, comparing the January average rate of 13.5329 to the December average rate of 13.1712, the exchange rate registered a net change of -2.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 13.7451 was down 0.92% compared to the 2021 peak of 13.8728, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 274,901 MKD
2021 Average 269,906 MKD
Yearly Trough Low 247,637 MKD
Transaction Impact: A difference of 27,264.52 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

13.6016
12.7771
JanuMarcMayJulySeptNove

PLN 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 13.2937, compared to 13.0174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2763 points.

H1 Avg (Jan–Jun) 13.2937
H2 Avg (Jul–Dec) 13.0174

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.9881 MKD (High: 13.3699 / Low: 12.3818). On the other end, December was the most stable month, with a tight range of 0.2285 MKD (High: 13.2975 / Low: 13.0690).

March Spread (Volatile) ±0.9881
December Spread (Stable) ±0.2285

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 0.5433 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.5433

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 13.5116) against the same month in 2021 (average: 13.7099), the exchange rate shifted by -0.1983 (-1.45%).

2022 Avg (February) 13.5116
2021 Avg (February) 13.7099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.7097 13.4094 13.5329
February 13.7451 13.0025 13.5116
March 13.3699 12.3818 12.9683
April 13.3351 12.9770 13.2421
May 13.5136 13.0213 13.2578
June 13.5340 13.0970 13.2492
July 13.0994 12.7174 12.9424
August 13.2372 12.8114 13.0357
September 13.1851 12.7186 12.9748
October 13.1031 12.4420 12.8459
November 13.4609 12.9041 13.1344
December 13.2975 13.0690 13.1712