2022 RON to MKD Historical Review

YEARLY HIGH

12.9297 MKD

YEARLY LOW

12.2370 MKD

YEARLY AVERAGE

12.4939 MKD

2022 RON to MKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RON to MKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 12.9297. Conversely, the yearly low was recorded on September 23, dropping to 12.2370.

This high-to-low spread represents a total annual volatility of 0.6927 MKD. From a start-to-finish perspective, comparing the January average rate of 12.4629 to the December average rate of 12.5247, the exchange rate registered a net change of 0.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.9297 was up 1.65% compared to the 2021 peak of 12.7203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,649 MKD

2021 Average 62,596 MKD

Yearly Trough Low 61,185 MKD

Transaction Impact: A difference of 3,463.52 MKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.5914

12.4350

JanuMarcMayJulySeptNove

RON 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 12.4581, compared to 12.5297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0717 points.

H1 Avg (Jan–Jun) 12.4581

H2 Avg (Jul–Dec) 12.5297

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.5639 MKD (High: 12.9297 / Low: 12.3659). On the other end, December was the most stable month, with a tight range of 0.1598 MKD (High: 12.6205 / Low: 12.4608).

November Spread (Volatile) ±0.5639

December Spread (Stable) ±0.1598

Growth Streaks & Declines

Trends

Between June and August, 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 August and September, when the average rate fell by 0.0475 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2022: 12.5564) against the same month in 2021 (average: 12.4492), the exchange rate shifted by +0.1072 (+0.86%).

2022 Avg (November) 12.5564

2021 Avg (November) 12.4492

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5445	12.3609	12.4629
February	12.6318	12.3365	12.4693
March	12.5903	12.3190	12.4542
April	12.5271	12.3497	12.4541
May	12.5635	12.3816	12.4599
June	12.5712	12.3428	12.4481
July	12.5964	12.4112	12.4762
August	12.7146	12.4161	12.5784
September	12.7909	12.2370	12.5309
October	12.7637	12.2517	12.5117
November	12.9297	12.3659	12.5564
December	12.6205	12.4608	12.5247